ETA News Release: Unemployment Insurance Weekly Claims Report (04/19/2012)

[mahatmakanejeeves]

Source: Department of Labor, Employment and Training Admin

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending April 14, the advance figure for seasonally adjusted initial claims was 386,000, a decrease of 2,000 from the previous week's revised figure of 388,000. The 4-week moving average was 374,750, an increase of 5,500 from the previous week's revised average of 369,250.

The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending April 7, unchanged from the prior week's unrevised rate of 2.6 percent.

The advance number for seasonally adjusted insured unemployment during the week ending April 7 was 3,297,000, an increase of 26,000 from the preceding week's revised level of 3,271,000. The 4-week moving average was 3,317,750, a decrease of 21,500 from the preceding week's revised average of 3,339,250.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 367,550 in the week ending April 14, a decrease of 22,916 from the previous week. There were 381,834 initial claims in the comparable week in 2011.



Read more: http://www.dol.gov/opa/media/press/eta/ui/eta20120719.htm

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

That word initial is important. The report does not count all claims, just the new ones filed this week.

Note: The seasonal adjustment factors used for the UI Weekly Claims data from 2007 forward, along with the resulting seasonally adjusted values for initial claims and continuing claims, have been revised. These revised historical values, as well as the seasonal adjustment factors that will be used through calendar year 2012, can be accessed at the bottom of the following link: http://www.oui.doleta.gov/press/2012/032911.asp

That had been a bad link. Try:

http://www.oui.doleta.gov/unemploy/finance.asp

There's a decrease this week, but not much of one.

[jschurchin]

1. There's a DECREASE this week, but not much of one.

Sir that is an outright lie. From last week,

In the week ending April 7, the advance figure for seasonally adjusted initial claims was 380,000

So we have an INCREASE of 6,000 from last week. Either that or last week we had a INCREASE of 31,000 over 2 weeks ago.

Listen Joseph Goebbels, if you want to continue to post propaganda bullshit, knock yourself out. Do us all a favor though and please try to be truthful.

Perhaps, just perhaps, you could post a link to the last time the Bullshit Liars Service, posted a DECREASE in their initial claims.
PLEASE.

[pinqy]

2. No, a decrease

The number from last week was revised upward to 388,000. The numbers are revised twice, usually upward (though the week ending March 31st was revised downward).

What happens is that states either report some numbers late or don't report at all and the data has to be imputed until it does report.

[mac56]

3. "Joseph Goebbels"?! Really?!

Last edited Thu Apr 19, 2012, 10:18 AM - Edit history (1)

Lighten up, Francis.

[Thor_MN]

4. So you are hoping for increases in unemployment?

[mac56]

5. Why, yes, I do believe he is.

[jschurchin]

6. No sir, I am not.

What I hope for is the truth. Which for what ever reason, our Government has very little desire to give to us.

The government say's inflation is 2%. Do you believe that? They say that our incomes are rising. Is your's?

I'm sick of being lied to by Washington. Evidently, you and the other minion's are not.

[mac56]

8. Well, I give you credit. Calling someone a "minion"

is less offensive than calling someone by a Nazi's name. Good for you.

[Star]

19. Yes, used the word minions

but also used a misplaced apostrophe.

[mahatmakanejeeves]

9. I appreciate that you are a follower of my posts,

Last edited Fri Apr 20, 2012, 08:31 AM - Edit history (1)

and I mean that with all sincerity. I do take exception to your characterization of the posts as propaganda, however.

I can't recall when I started posting them every week, but this has probably been going on for at least a year. I seriously do not care if the week's data make Obama look good, or Romney look good, or Chairman Mao look good, or anybody else. They are just numbers, and I post them without regard to the consequences.

You will also note that I welcome people from Free Republic to examine the numbers as well. They paid for the work just as much as members of DU did, so I invite them to come on over and have a look. "The more the merrier" is the way I look at it.

I do not work at the EDTA, and I do not know anyone working in that agency. I'm sure I can safely assume that the numbers are gathered and analyzed by career civil servant economists who do their work on a nonpartisan basis. Numbers are numbers, and let the chips fall where they may. If you feel that these economists are falling down on the job, drop them a line or give them a call. They work for you, not for any politician or political party. Maybe they're all voting for Romney. That's up to them.

Thank you for writing.

[jschurchin]

14. I apologize to you sir.

My emotions get the better of me when it comes to the, what seems to me, obvious bullshit coming out of Washington.

I honestly do appreciate your weekly updates and very much look forward to them. To attack the messenger instead of the message is inappropriate and wrong, please accept my sincere apology.

Just so that I make myself clear, I consider FR to be a fascist organization, I have never in my life been anything but a regestered Democrat. But I have never, ever, been so disappointed in our government, as I have over the last 12 years. It is my firm belief that we have lost control of our government, It has become a extension of corporation's and no longer represents us.
This is why I have become so distrustful of anything they say.

Again sir, I do apologize to you personally.

[mahatmakanejeeves]

17. Don't worry about apologizing.

I accept your apology, but you don't have to give one.

But I have never, ever, been so disappointed in our government, as I have over the last 12 years. It is my firm belief that we have lost control of our government, It has become a extension of corporation's and no longer represents us.
This is why I have become so distrustful of anything they say.

Yeah, I, uh, know where you're coming from. Am I mistaken in my belief that it's now apparently OK, or at the least, not a violation of any US law, for the government to blow up anyone it likes anywhere on earth, just on the say-so of one person? If I voted for that person, does that mean that I can't get upset by this wonderful new concept of "security?" It's now OK for the government to eavesdrop on every word you speak or write?

Is this what Jefferson, Madison, et al. had in mind?

Thanks for writing. You can say anything about me you want; all I ask is that you spell the name right.

[jpak]

15. Obama 2012

yup

[jschurchin]

18. Yeah Jpak

He will get my vote again. Not that I really expect anything more then we have gotten so far.
More corporate welfare, letting Banks fuck American homeowners some more, keeping our uniformed men and women in harms way, putting our nation farther and farther into debt so that we can continue to pretend all is well.

You can laugh all you want Jpak, but if you think for a second the path we are on is sustanable, then you are a idiot.

[sendero]

7. LOL...

... "decrease from the REVISED figure of 388" - this is the game the BLS has been playing for a while now.

When THIS WEEK's number is revised upward, AND IT WILL BE, it will be higher than last week's REVISED number.

Bottom line, those of you who are thinking we're in a "recovery" AGAIN need to consider the facts.

There is no recovery.

[mahatmakanejeeves]

10. The Employment and Training Administration

Last edited Thu Apr 19, 2012, 10:49 AM - Edit history (1)

is the agency that provides these numbers. They are in the Frances Perkins Building on Constitution Avenue in DC. The Bureau of Labor Statistics is in the Postal Square Building over by Union Station. These are two separate agencies.

Thanks for writing.

[sendero]

11. And thanks for pointing out.

... useless trivia.

[pinqy]

13. It speaks to your credibility

When you don't know the basics of the report, how can any comments you make be treated as knowledgable?

[pinqy]

12. First BLS doesn't release this report

Second, of course the numbers are usually revised upwards for UI claims. States had maybe two days to send in all the claims before the report was compiled. Is it really that hard to imagine that they probably didn't get all of them in on time?

And the week ending March 31st was revised Downward.

And while not great, the 380ish/week is a hell of a lot better than the average of 565,000/week in 2009, 454,000 in 2010, and 405,000 in 2011

[sendero]

20. Thank you..

... for being the second to point out the irrelevant fact that it is another pointless lying agency that reports these numbers and not the BLS.

No matter, they use the same disinformation tactics to try to spin reality. Release numbers, revise them quietly worse later, compare the new number to whichever number it looks best compared to.

If you are buying it, good for you, but this is still not a recovery that would have been called a recovery at any previous time in our history. These are still horrible numbers and they are not trending upwards as the MSM and govt shills would have you believe. They are treading water. Woohoo.

[pinqy]

21. "Disinformation tactics?"

Please cite your evidence that in the 2-3 days available for collection, processing, and dissemination for initial UI reports, there is complete accurcy in the source data and all revisions are due to "spin." That really makes more sense to you than late reporting and incomplete data requiring later revisions?

No one is claiming the numbers are great, but the numbers are better than they have been.

[dipsydoodle]

16. US unemployment claims signal slower hiring

WASHINGTON (AP) -- The number of people seeking U.S. unemployment benefits suggests hiring is slowing.

The Labor Department said Thursday that weekly applications dipped last week by 2,000 to a seasonally adjusted 386,000. But that was only after the department revised up the previous week's data to show 8,000 more people applied for benefits than first estimated.

The four-week average, a less volatile measure, rose last week by 5,500, to 374,750. That's the highest level in three months, although it is still 9 percent lower than the level from September.

Applications have started to tick up in recent weeks after months of steady declines. When applications fall below 375,000, it generally suggests hiring will be strong enough to lower the unemployment rate.

http://hosted.ap.org/dynamic/stories/U/US_UNEMPLOYMENT_BENEFITS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-04-19-10-26-41