Job Market Monitor
Jobless claims
Will the jobless claims drop be followed by the unemployment rate ?
Applications have fluctuated between 360,000 and 390,000 since January. At the same time, employers have added an average of nearly 150,000 jobs a month. That’s barely enough to lower the unemployment rate, which has declined from 8.3 percent to 7.8 percent this year. Robert Kavcic, an economist at BMO Capital Markets, said jobless claims have struggled to fall … Continue reading
Wisconsin – Backlog stalls unemployment benefit checks
More than 9,000 Wisconsin residents have not received any unemployment benefits for several weeks because of a backlog at the state Department of Workforce Development. The department’s backlog consists of 9,357 claims dating to late July. It could take as long as March to clear it up because each claim has to be reviewed and … Continue reading
US – Unemployment Claims : An Uncertain Job Market Outlook
After last week announcement of an increase of 34,000, DOL says that Unemployment Inssurrance Claims dropped by 23,000. The real job market coudn’t be that volatile. But it shows how incertain is the job market outlook. -*- SEASONALLY ADJUSTED DATA In the week ending October 20, the advance figure for seasonally adjusted initial claims was 369,000, a … Continue reading
Update – US – Omitted California claims: Calif. official under-reporting was Obama campaign donor?
The reason for the massive drop in jobless claims two weeks ago was because the BLS forgot to include California in their report. (US – Jobless claims dropped because BLS omitted California) Now we learn that the Calif. official whose agency under-reported unemployment stats was Obama campaign donor Marty Morgenstern, the secretary of the California agency … Continue reading
US – Unemployment Claims : The good news didn’t last, an increase of 46,000
SEASONALLY ADJUSTED DATA In the week ending October 13, the advance figure for seasonally adjusted initial claims was 388,000, an increase of 46,000 from the previous week’s revised figure of 342,000. The 4-week moving average was 365,500, an increase of 750 from the previous week’s revised average of 364,750. The advance seasonally adjusted insured unemployment rate was 2.5 percent … Continue reading
Unemployment Insurance Claims – 361,000, a decrease of 6,000 from the previous week
Two weeks ago, claim were down to 353,000, at bottom-near since April 2008 and we have asked ‘But is it only volatility’ ? The answer might well be yes. UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT SEASONALLY ADJUSTED DATA In the week ending August 4, the advance figure for seasonally adjusted initial claims was 361,000, a decrease … Continue reading
Unemployment Insurance Claims – UP while companies add an insufficient 163,000 jobs and manufacturing falters
Last week, claim were down to 353,000, at bottom-near since April 2008 and we have asked ‘But is it only volatility’ ? The answer might well be yes. UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT In the week ending July 28 the advance figure for seasonally adjusted initial claims was 365,000, an increase of 8,000 from the previous week’s … Continue reading
Unemployment Insurance Claims – Down to 353,000, bottom-near since April 2008 – But is it only volatility ?
Unemployment Insurance Weekly Claims Report In the week ending July 21, the advance figure for seasonally adjusted initial claims was 353,000, a decrease of 35,000 from the previous week’s revised figure of 388,000. The 4-week moving average was 367,250, a decrease of 8,750 from the previous week’s revised average of 376,000. The advance seasonally adjusted … Continue reading
US – Unemployment Claims : The good news didn’t last
In the week ending July 14, the advance figure for seasonally adjusted initial claims was 386,000, an increase of 34,000 from the previous week’s revised figure of 352,000. The 4-week moving average was 375,500, a decrease of 1,500 from the previous week’s revised average of 377,000. (SEASONALLY ADJUSTED DATA) The advance seasonally adjusted insured … Continue reading
Unemployment Claims in US – Very bad news: Revised Nbre @ 400K and Still Near 2012 High
Unemployment Insurance Weekly Claims Report | SEASONALLY ADJUSTED DATA In the week ending June 23, the advance figure for seasonally adjusted initial claims was 386,000, a decrease of 6,000 from the previous week’s revised figure of 392,000. The 4-week moving average was 386,750, a decrease of 750 from the previous week’s revised average of 387,500. The advance … Continue reading
Unemployment Insurance Weekly Claims Report: Not an indication of a dynamic job market.
SEASONALLY ADJUSTED DATA I SEASONALLY ADJUSTED DATA In the week ending June 16, the advance figure for seasonally adjusted initial claims was 387,000, a decrease of 2,000 from the previous week’s revised figure of 389,000. The 4-week moving average was 386,250, an increase of 3,500 from the previous week’s revised average of 382,750. The advance seasonally adjusted insured … 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
Gallup | U.S. Unemployment Rate Up in April
U.S. unemployment, as measured by Gallup without seasonal adjustment, showed a modest decline to 8.3% in April from 8.4% in March. However, applying the government’s historical April adjustment to Gallup’s unadjusted number yields a seasonally adjusted April estimate of 8.6%, up from 8.1% in March… Read More @ Gallup Seasonally Adjusted U.S. Unemployment Rate Up in … 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
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