Unemployment Insurance Weekly Claims Report (10/13/2011)

[mahatmakanejeeves]

Source: Employment and Training Administration, Department of Labor

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending October 8, the advance figure for seasonally adjusted initial claims was 404,000, a decrease of 1,000 from the previous week's revised figure of 405,000. The 4-week moving average was 408,000, a decrease of 7,000 from the previous week's revised average of 415,000.

The advance seasonally adjusted insured unemployment rate was 2.9 percent for the week ending October 1, a decrease of 0.1 percentage point from the prior week's revised rate of 3.0 percent.

The advance number for seasonally adjusted insured unemployment during the week ending October 1 was 3,670,000, a decrease of 55,000 from the preceding week's revised level of 3,725,000. The 4-week moving average was 3,724,000, a decrease of 21,250 from the preceding week's revised average of 3,745,250.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 398,836 in the week ending October 8, an increase of 66,442 from the previous week. There were 462,667 initial claims in the comparable week in 2010.

Read more: http://www.dol.gov/opa/media/press/eta/ui/eta20111471.htm

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Good morning, Freepers and DUers alike. It is time once again for the weekly unemployment insurance claims report.

Here for your viewing pleasure are this week's data, brought to you as a nonpartisan public service. This is just one example of the good work your civil servants are performing for you. This week, the numbers are down, but not much.

Also, although this is too late to be LBN, but it is nonetheless worthy of your attention:

Job openings, hires, and separations changed little in August

Job Openings and Labor Turnover – August 2011

There were 3.1 million job openings on the last business day of August, the U.S. Bureau of Labor Statistics reported today. The hires rate (3.1 percent) and separations rate (3.0 percent) were essentially unchanged over the month. The job openings rate has trended upward slowly since the end of the recession in June 2009 (as determined by the National Bureau of Economic Research). This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by geographic region.

Job Openings

The number of job openings in August was 3.1 million, little changed from July. (See table 1.) Although the number of job openings remained below the 4.4 million openings when the recession began in December
2007, the level in August was 944,000 higher than in July 2009 (the most recent trough). The number of job openings is up 26 percent since the end of the recession in June 2009.

The number of job openings in August (not seasonally adjusted) increased over the year for total private and was essentially unchanged for total nonfarm and government. Several industries experienced an increase over the year in the number of job openings; the number of job openings decreased for federal government. The number of job openings rose in the Midwest.

[NikRik]

1. I wonder how many are middle class jobs ?

I've been unemployed since 2009 and the only jobs I have been able to apply for are paying a mere $10 an hour.Same wage I was making in the 1970's!To top it off most of these jobs are part time with no benifits.Unless you have a degree in a certain area,dont plan on earning a living wage anymore unless you are lucky enough to get a civil service job with the post office or some other goverment job.Also at 54 years old I do not believe they are even looking at my applications.Oh yea thats right they cant discriminate against you on age (yea right).Lets face it the elimination of the middle class is going full speed ahead thats why Iam making sure my two kids get a good education and go onto some kind of trade school or college !

[OhioChick]

2. Not promising numbers....

As for the "job openings", I wonder if they pay a living wage.