Unemployment Insurance Weekly Claims Report [11/04/2010]

[mahatmakanejeeves]

Source: Department of Labor, Employment and Training Administration

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending Oct. 30, the advance figure for seasonally adjusted initial claims was 457,000, an increase of 20,000 from the previous week's revised figure of 437,000. The 4-week moving average was 456,000, an increase of 2,000 from the previous week's revised average of 454,000.

The advance seasonally adjusted insured unemployment rate was 3.4 percent for the week ending Oct. 23, a decrease of 0.1 percentage point from the prior week's unrevised rate of 3.5 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Oct. 23 was 4,340,000, a decrease of 42,000 from the preceding week's revised level of 4,382,000. The 4-week moving average was 4,410,750, a decrease of 42,750 from the preceding week's revised average of 4,453,500.

Read more: http://www.dol.gov/opa/media/press/eta/ui/eta20101516.htm

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It was released twenty-one minutes ago.

[thecrow]

1. January, when the "seasonals" all get fired

there will be a BIG increase in unemployment.