econintersect.com
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
econintersect.com
No Result
View All Result

17 November 2012 Unemployment Claims: 4 Week Average Jumps Over 2011 Levels

admin by admin
11월 21, 2012
in 미분류
0
0
SHARES
0
VIEWS

Blue Line 4 Week Average

The market was expecting 423,000 to 435,000 vs the 410,000 reported. The more important 4 week moving average is up from 383,750 to 396,250. The big increase this week was again due to the effects of Hurricane Sandy.  The four week average is the highest seen in 2012 – and higher than any other reading since October 2011.

State

Change

 

State Supplied Comment

NY

+43,956

 

Increase in initial claims due to Hurricane Sandy. These separations were primarily in the construction, food service, and transportation industries.

NJ

+31,094

 

Increase in initial claims due to Hurricane Sandy. These separation were primarily in the accommodation and food services, manufacturing, transportation and warehousing, administrative service, healthcare and social assistance,construction, retail, professional, trade, educational service, and public administration industries.

CA

+24,693

 

Increase in the service industry.

PA

+7,037

 

Increase in initial claims due to Hurricane Sandy. These separations were primarily in the construction and transportation industries.

CT

+1,808

 

Increase in initial claims due to Hurricane Sandy.

It should be pointed out that Econintersect watches the year-over-year change on the 4 week moving average. There is some seasonality which seems to have migrated into the seasonally adjusted data – specifically there is a decline in unemployment in the last third of the year (see bottom graph below). The average year-over-year decline in the initial unemployment claims to date is 9.3%. However, the 4 week average of year-over-year decline is now minus 1.0% showing that the trend on initial unemployment claims is worsening.

This is the highest 4 week moving average claims in over one year.


From the Department of Labor:

In the week ending November 17, the advance figure for seasonally adjusted initial claims was 410,000, a decrease of 41,000 from the previous week’s revised figure of 451,000. The 4-week moving average was 396,250, an increase of 9,500 from the previous week’s revised average of 386,750.

The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending November 10, unchanged from the prior week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 10 was 3,337,000, a decrease of 30,000 from the preceding week’s revised level of 3,367,000. The 4-week moving average was 3,285,000, an increase of 19,500 from the preceding week’s revised average of 3,265,500 .

Weekly Initial Unemployment Claims – 4 Week Average – Seasonally Adjusted – 2010 (blue line), 2011 (red line), 2012 (green line)

Steven Hansen

Previous Post

Infographic of the Day: Yah Got the Time?

Next Post

16 November 2012 Nonfinancial Leverage ANFCI Shows No Recession Looming

Related Posts

Bitcoin Is Finally Trading Perfectly Like 'Digital Gold'
Economics

Bitcoin Is Finally Trading Perfectly Like ‘Digital Gold’

by admin
Namibia Will Regulate And Not Ban Crypto With New Law
Finance

Namibia Will Regulate And Not Ban Crypto With New Law

by admin
6,746 ETH Valued At $12M Was Just Burned
Economics

6,746 ETH Valued At $12M Was Just Burned

by admin
Bitcoin Is Steady Above $29,000 Awaiting US NFP Figures
Economics

Bitcoin: What Next After Consolidation Ends?

by admin
US Government Offloads Another 8,200 Bitcoin – On-chain Data
Economics

US Government Offloads Another 8,200 Bitcoin – On-chain Data

by admin
Next Post

16 November 2012 Nonfinancial Leverage ANFCI Shows No Recession Looming

답글 남기기 응답 취소

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin market blockchain BTC BTC price business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

© Copyright 2024 EconIntersect

No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자

© Copyright 2024 EconIntersect