The most formidable weapon against errors of every kind is reason. - Thomas Paine
UPDATED February 3, 2012
New Claims for Unemployment Benefits dropped to their lowest level since 2008. The previous weeks new and continuing claims have been revised upwards. Continuing claims also dropped.
The number of new applications for Unemployment Insurance dropped by 12,000 to 367,000 new applications from the previous week's revised figure 0f 379,000, in the week ending 28 January 2012, the US Department of Labor reported Thursday.
Click here for a full range graph of unemployment claims.
The 4-week moving average was 375,750, a decrease of 2,000 from the previous week's revised average of 377,750.
The advance seasonally adjusted insured unemployment rate was 2.7 percent for the week ending January 21, a decrease of 0.1 percentage point from the prior week's unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending January 21, was 3,437,000, a decrease of 130,000 from the preceding week's revised level of 3,567,000. The 4-week moving average was 3,527,500, a decrease of 43,000 from the preceding week's revised average of 3,570,500.
Does your state qualify for EUC?
Minimum Wage
Workers in BMW's auto plants in Germany make twice as much as US workers in BMW plants who make $15 an hour. Oh and by the way German workers get 35 days of vacation AND decent healthcare.
The tea party want to abolish the minimum wage. Did YOU VOTE?
Survivor Graph of the Day
- Decades Long Job Hole
- Comments: 0
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U.S. Jobless Rate
BLS Jobless Numbers
- 12.8 million - unemployed,
- 15.1%(U6) - out of work,
- 5.5 million (43%) 6 months or longer,
- 7.7 million "involuntary" partime workers,
- Over 4 million for a year, (WSJ)
- 2.0 million over 99 weeks, the 99ers!
- 4.7 jobless for every job. EPI
- 91,000 unemployed become 99ers every week.
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Recent Comments
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