Thursday, August 25, 2011

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT (Week Ending 8-20)


Special Factor: As a result of a labor dispute between Communications Workers of America and Verizon Communications, at least 12,500 initial claims were filed in the week ending 8/13/2011 and at least 8,500 initial claims were filed in the week ending 8/20/2011 .

All American Investor

In the week ending August 20, the advance figure for seasonally adjusted initial claims was 417,000, an increase of 5,000 from the previous week's revised figure of 412,000.

The 4-week moving average was 407,500, an increase of 4,000 from the previous week's revised average of 403,500.


The advance seasonally adjusted insured unemployment rate was 2.9 percent for the week ending August 13, a 0.1 percentage point decrease from the prior week's revised rate of 3.0 percent.

The advance number for seasonally adjusted insured unemployment during the week ending August 13 was 3,641,000, a decrease of 80,000 from the preceding week's revised level of 3,721,250.

The 4-week moving average was 3,701,000, a decrease of 19,500 from the preceding week's revised average of 3,720,750.

Source Department of Labor

Detailed Report
Unemployment Insurance Weekly Claims Report

http://1.usa.gov/pGORuY



Original content Bob DeMarco, All American Investor