Unemployment Insurance Claims – It’s hard to beleive that the job market really improving ?

Last report was not a good one with 372,000 (unrevisied). This morning report isn’t better. Is the job market really improving ? Hard to beleive.

SEASONALLY ADJUSTED DATA

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In the week ending August 25, the advance figure for seasonally adjusted initial claims was 374,000, unchanged from the previous week’s revised figure of 374,000. The 4-week moving average was 370,250, an increase of 1,500 from the previous week’s revised average of 368,750.

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The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending August 18, unchanged from the prior week’s unrevised rate.

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The advance number for seasonally adjusted insured unemployment during the week ending August 18, was 3,316,000, a decrease of 5,000 from the preceding week’s revised level of 3,321,000. The 4-week moving average was 3,321,500, an increase of 9,000 from the preceding week’s revised average of 3,312,500.

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via ETA Press Release: Unemployment Insurance Weekly Claims Report.

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Related article

Applications for US unemployment benefits flat at 374000, a sign of modest …
http://www.canadianbusiness.com/article/97004–applications-for-us-unemployment-benefits-flat-at-374-000-a-sign-of-modest-hiring-gains