"Our Children and Grandchildren are not merely statistics towards which we can be indifferent" JFK

Thursday, January 27, 2011

Jobless Claims: Dept of Labor Adjusts out 1.1 mil jobless claims

Welcome to Secretary Solis' World of Calculations

Department of Laughter Lies Labor

In the week ending Jan. 22, the advance figure for seasonally adjusted initial claims was 454,000, an increase of 51,000 from the previous week's revised figure of 403,000. The 4-week moving average was 428,750, an increase of 15,750 from the previous week's revised average of 413,000.

The advance seasonally adjusted insured unemployment rate was 3.2 percent for the week ending Jan. 15, an increase of 0.1 percentage point from the prior week's unrevised rate of 3.1 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Jan. 15 was 3,991,000, an increase of 94,000 from the preceding week's revised level of 3,897,000. The 4-week moving average was 3,975,500, a decrease of 39,750 from the preceding week's revised average of 4,015,250.

The advance number of actual initial claims under state programs, unadjusted, totaled 482,399 in the week ending Jan. 22, a decrease of 67,491 from the previous week. There were 502,710 initial claims in the comparable week in 2010.

The advance unadjusted insured unemployment rate was 3.7 percent during the week ending Jan. 15, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 4,593,535, a decrease of 58,900 from the preceding week. A year earlier, the rate was 4.3 percent and the volume was 5,602,357.

The total number of people claiming benefits in all programs for the week ending Jan. 8 was 9,410,977. Complete Dept of Deception Report

Collectively, DOL Seasonally Adjusted out
1,094,242 initial jobless claims since 12/4/10

Week Ending           SA            NSA           Diff
1/22/11               454,000       482,399       28,000
1/15/11               404,000       549.890     145,890
1/8/11                 445,000       770,413     325,413
1/1/11                 409,000       578,727     168,727
12/25/10              391,000       525,710    134,710
12/18/10              420,000       495,548      75,548
12/11/10              423,000         90,276      67,276
12/4/10                438,000       585,678    147,678

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