Job Market Monitor
DOL
US – Unemployment Claims : A very welcomed four-year low
(Excerpts from the Press Release) In the week ending July 7, the advance figure for seasonally adjusted initial claims was 350,000, a decrease of 26,000 from the previous week’s revised figure of 376,000. The 4-week moving average was 376,500, a decrease of 9,750 from the previous week’s revised average of 386,250. The advance seasonally adjusted insured unemployment rate was … Continue reading
US – Unemployment Claims : Finally some good news
SEASONALLY ADJUSTED DATA In the week ending June 30, the advance figure for seasonally adjusted initial claims was 374,000, a decrease of 14,000 from the previous week’s revised figure of 388,000. The 4-week moving average was 385,750, a decrease of 1,500 from the previous week’s revised average of 387,250. The advance seasonally adjusted insured unemployment … Continue reading
Unemployment Insurance Weekly Claims Report : No News, Bad News
After an increase, an insignificant drop, now unchanged. This is not an indication of a dynamic job market. SEASONALLY ADJUSTED DATA In the week ending May 12, the advance figure for seasonally adjusted initial claims was 370,000, unchanged from the previous week’s revised figure of 370,000. The 4-week moving average was 375,000, a decrease of … Continue reading
Unemployment Insurance Weekly Claims Report : An insignificant drop but might indicate a return to a declining trend
SEASONALLY ADJUSTED DATA In the week ending May 5, the advance figure for seasonally adjusted initial claims was 367,000, a decrease of 1,000 from the previous week’s revised figure of 368,000. The 4-week moving average was 379,000, a decrease of 5,250 from the previous week’s revised average of 384,250. The advance seasonally adjusted insured unemployment … Continue reading
Unemployment Rate Falling No Matter How You Measure It says DOL
No matter how one measures it, the unemployment rate has been steadily falling. In fact, since August of last year, the headline unemployment rate has dropped by one percentage point from 9.1% to 8.1%, and we know that about 70% of that drop is due to people finding work and not due to people leaving … Continue reading
Unemployment Insurance Weekly Claims Report : A good drop after two dissapointing weeks, but rises some concern
SEASONALLY ADJUSTED DATA In the week ending April 28, the advance figure for seasonally adjusted initial claims was 365,000, a decrease of 27,000 from the previous week’s revised figure of 392,000. The 4-week moving average was 383,500, an increase of 750 from the previous week’s revised average of 382,750. The advance seasonally adjusted insured unemployment rate was 2.6 percent … Continue reading
Unemployment Insurance Weekly Claims Report : Two in a row dissapointing weeks, not a good sign
SEASONALLY ADJUSTED DATA In the week ending April 21, the advance figure for seasonally adjusted initial claims was 388,000, a decrease of 1,000 from the previous week’s revised figure of 389,000. The 4-week moving average was 381,750, an increase of 6,250 from the previous week’s revised average of 375,500. The advance seasonally adjusted insured unemployment rate was 2.6 percent … Continue reading
UPDATE – Bridge to Work | Experiments with unemployment insurance keep benefits to recipients in job training
Turning the Unemployment Program into a Reemployment Program – Official Press Release by DOL Two months ago, the President signed the Middle Class Tax Relief and Job Creation Act of 2012. That legislation extended the vital payroll tax cut and federal unemployment insurance programs that have been so crucial for American families and to the continued … Continue reading
Unemployment Claims | Up by 13,000 to two-month high
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT – SEASONALLY ADJUSTED DATA In the week ending April 7, the advance figure for seasonally adjusted initial claims was 380,000, an increase of 13,000 from the previous week’s revised figure of 367,000. The 4-week moving average was 368,500, an increase of 4,250 from the previous week’s revised average of 364,250. … Continue reading
Unemployment Claims | Still Falling
In the week ending March 31, the advance figure for seasonally adjusted initial claims was 357,000, a decrease of 6,000 from the previous week’s revised figure of 363,000. The 4-week moving average was 361,750, a decrease of 4,250 from the previous week’s revised average of 366,000. The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week … Continue reading
News | Jobless Claims Reach New Four-Year Low
“New claims for unemployment benefits fell to a new four-year low in the United States last week, according to a government report. A separate report confirmed the American economy expanded at an annual rate of 3 percent late last year” reports the NYT. ______________________________________________________ Unemployment Insurance Weekly Claims Report (Excerpts from the Press Release) SEASONALLY ADJUSTED … Continue reading
DOL retirements jeopardize unemployment checks? | The Connecticut Mirror
Without two key information technology workers who retired last fall, the state Department of Labor might not be able to adapt its computer system to new unemployment benefit extension requirements in time to get checks out to state residents, an agency official said Thursday. The department wants to hire back the two retirees, but can’t … Continue reading
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