Here we go again. It’s time for your weekly unemployment claims report.
Applications for jobless benefits fell by 27,000 for the week ending February 9, bringing the total to 341,000, down from last week’s revised figure of 368,000, the Labor Department announced on Thursday.
The four-week moving average, a “less volatile” figure, increased by 1,500, bringing the total to 352,500, up from last week’s revised average of 351,000.
“The advance seasonally adjusted insured unemployment rate was 2.4 percent for the week ending February 2, a decrease of 0.1 percentage point from the prior week’s unrevised rate,” the report reads.
“The advance number for seasonally adjusted insured unemployment during the week ending February 2 was 3,114,000, a decrease of 130,000 from the preceding week’s unrevised level of 3,244,000. The 4-week moving average was 3,187,250, a decrease of 28,750 from the preceding week’s revised average of 3,216,000,” the report adds.
The states with the largest increases in initial claims for the week ending February 2 were California (+11,784), Texas (+2,071), New York (+2,066), Florida (+2,050), and Oregon (+1,603),
Meanwhile, North Carolina (-2,681), Tennessee (-2,003), Alabama (-1,248), Michigan (-1,011), Connecticut (-676) posted the biggest decreases in initial claims.
However, here’s something worth noting: “A department spokesman said Connecticut was unable to report data to the federal government earlier this week because state offices were closed after the storm,” The Associated Press reports.
“Illinois also didn’t provide data, so both states’ figures were estimated by the Labor Department,” the report adds.
So take from that what you will.
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SwampFoxHiggy
Feb. 15, 2013 at 6:31amHere’s my take on the subject: In my home state of South Carolina, SC dept of employment and workforce (SCDEW) is now requiring that you ACTUALLY search for a job to be entitled to receive benefits! go figure right?? you must fill out at least four job apps through the SCDEW website and make at least one contact per week or you don’t get paid. and EVERYONE is audited and reviewed. My guess is they are out of money and they are tired of the lazy do-nothing moochers. My point here: maybe since they’re requiring actual effort in some states, less lazy-*** moochers are filing, which makes the rate seem lower than it is. there are many more unemployed than those actually filing for benefits.
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Ernie Kaputnik
Feb. 14, 2013 at 8:31pmSmaller labor pool means there are fewer people to lay off which does not equate to a better economy, rather it is a shrinking economy. Aside from that, my neighbor is a libturd, big supporter of Obama and was always singing his praises, until 2 months ago when she lost her job. Now she considers herself an Independent voter. I suspect she’ll be calling herself a Republican after her 99 weeks of unemployment expire.
“A recession is when your neighbor loses his job. A depression is when you lose your.” ~Ronald Reagan~
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Fek Man
Feb. 14, 2013 at 3:43pmGuys — I understand your frustration with the liberals that come on here and post. But please be somewhat respectful. Fight them with Facts — there is plenty of ammo to use in that department.
My prediction is as we get closer to the end of tax season — you will see the economy contract more as people see the IRS bill they get saddled with and were not expecting. I know I was floored with having to pay $1400 and nothing changed as far as what I made and the deductions or claims I make.
The only thing that changed was more parts of Obama Care came online.
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Saff SGT
Feb. 14, 2013 at 2:07pmthe spin is so bad here that I got mud coming out of my PC
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landowner
Feb. 14, 2013 at 1:52pmSo 2 states didn’t report and they guessed lower. Go figure.
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T-2
Feb. 14, 2013 at 1:09pmwe might finaly see the summer of recovery?
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pragmaticpatriot
Feb. 14, 2013 at 10:40am20000 gave up or committed suicide. I wasnt counted after getting turned down for a legit claim so i left MISSOURI and found work in Okla.
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watashbuddyfriend
Feb. 14, 2013 at 10:12amSays, Who?
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Saff SGT
Feb. 14, 2013 at 10:10amInvest in Guns and ammo we will all need them in the coming days and months Comrad Odumbo is destroying the fabric of USA frame work
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Saff SGT
Feb. 14, 2013 at 10:07amshop down the road just went 29 hrs a week for all workers
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Saff SGT
Feb. 14, 2013 at 10:06amNot true if you subtract the 20,000 marines that just got fired you only have a net gain of 7000 which I would dispute. Obama is the biggest ********* Thrower in the History of the USA. This jerk off needs to be replaced with a Monkey that has brains
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Concious_but_Confused
Feb. 14, 2013 at 11:27amI don’t think that exiting service members are counted in the U6 number. (The only one that is reported on in the press.)
I am Confused.
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hauschild
Feb. 14, 2013 at 9:51am12.3 million unemployed (and that’s the propaganda number!!!) and 27k fewer people filed for unemployment.
Color me curmudgeonly for not describing this number as a “plunge”, but rather embarrassingly low for a country with ridiculously high numbers of resources.
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SamIamTwo
Feb. 14, 2013 at 9:14amCorrection, some states have not submitted their data to BLS.GOV.
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KalanVA
Feb. 14, 2013 at 9:05amThat is a pretty large increase for California. Strange.
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KalanVA
Feb. 14, 2013 at 9:10amIt was just announced that this does not include all states data.. Ok
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TEARS FOR AMERICA
Feb. 14, 2013 at 9:03amSo many have just given up looking…my son is still pounding the pavement and does small things to survive but how long will these congressional buffoons love this Marxist-n-chief who is sucking the life blood out of this nation? State of the Union? Ripped, torn and spat upon.
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freenj
Feb. 14, 2013 at 8:58amPerhaps that 27K figure meant, 27K are now on social security disability?
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SamIamTwo
Feb. 14, 2013 at 8:54amMeh, changes nothing.
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zman61
Feb. 14, 2013 at 8:48amis the communist state of kalifornia reporting their numbers yet or are they still withholding them to protect the communist in chief?
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JRook
Feb. 14, 2013 at 8:57amis it me or is beckett noticeably brief when the numbers are positive.
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RedDirtTexas
Feb. 14, 2013 at 9:15amThis just in: Halmark, Hershey’s, and Russell-Stovers to lay off a combined 27,000 temporary employees next week. Spin it again!
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pwatkins
Feb. 14, 2013 at 9:24amJROOK, Becket makes it brief bc he doesn’t take up a whole page like msnbc and the rest of the leftist media bragging about how Obama is saving the country from the mean old republicans. We have been under stressful conditions in this economy for over four years now, so not a lot to brag about when it drops a little one month bc most have given up. If you feel the need to see an Obama bunch of kissy face I think you are on the wrong site.
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IndyGuy
Feb. 14, 2013 at 9:48amHey rookie….Those numbers are NOT positive….They show us that folks are giving up on searching thru the Employment Office as their Unemployment Bennies that have been extended 2-3 times are finally running out….Therefore they are no longer counted….Stating that these numbers are good is merely spreading Obama’s lies…
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AvengerK
Feb. 14, 2013 at 12:33pmummmm…JCROOK..can you tell what’s “positive” about 341,000 unemployment claims last week?
We should be adding that number of new workers each month for the economy to actually be growing at a rate to keep up with new people entering the workforce.
You drooling idiot.
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M13
Feb. 14, 2013 at 3:10pmNot only is jrook an outright liar, he is an idiot too.
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