Initial Jobless Claims up to 454,000, An Increase of 51,000 from Previous Week

 

INTIAL JOBLESS CLAIMS UP BIG … BLAME IT ON RIO, OR THE SNOW.

President Barack Obama ended his SOTU speech by saying  “… state of our union is strong.” Really! Really?

The US Dept of Labor has posted the most recent jobless rate … 454,000, up 51,000 from the previous week, up dramatically than the predictions!!! It appears that they want to blame it on the snow. Really guys? I’ll bet it was “among other things” that was the cause.

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

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.

Posted January 27, 2011 by
Economy, Jobs, Unemployment | 6 comments


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  • Comments

    6 Responses to “Initial Jobless Claims up to 454,000, An Increase of 51,000 from Previous Week”

    1. joetote on January 27th, 2011 12:27 pm

      What! How can this be! President Dodo himself said just the other night we are in the middle of a robust recovery. Or is this once again another lie from an elitist who has his head buried up his ass and doesn’t think we are smart enough not to believe the lies!

    2. brie. on January 27th, 2011 3:53 pm

      Obama spends over a million dollars on his recent Hawaii vacation…why not go to Camp David. Because he wants to go swimming, play golf and take his family and friends at the taxpayers expense…!!!!!
      We need to stop his outrageous spending.

    3. brie. on January 27th, 2011 4:05 pm

      He’s sucking us for everything and in addition increasing the national budget…and he doesn’t care because he is a Muslim and follower of Rev Wright….!!!!!!!!!!!!!!!!!!!!

    4. katablog.com on January 27th, 2011 10:11 pm

      This is from the same dude who thinks we need to spend invest our way out of debt.

      Then, it’s also the same dude that named his SOTU address after Newt Gingrich’s book and plagiarized several ideas from other SOTU addresses!

    5. super dave on January 28th, 2011 8:39 am

      i have a great idea. we need to get a bill passed that the government has to pay taxes on all income every year. at obumble’s rate, almost 40% ?
      this needs to be paid back to the citizens in the form of a check to every person that works and pays taxes only !

    6. NGBoston on January 29th, 2011 7:41 am

      #1- Joetote- Affirmative!

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