Initial Jobless Claims Drop at 8.5% Annual Rate

The headline number for seasonally finagled initial unemployment claims for the week ended February 1 were about where Wall Street economists expected. The actual numbers were also in line with the average performance for the last week of January.

Initial Claims are Still on Slowly Improving Trend

Jobless Claims Really Jump by 40,000 – Normal For This Week, But Means Fed Blowing Stock Bubble by Lee Adler, Wall Street Examiner The headline jobless claims number is wrong again this week. Last week the headline number was too weak and this week it is too strong. When will it ever be just right? …

Headline Claims Data Is Wrong But Actual Data Does Show Some Slowing

by Lee Adler, Wall Street Examiner The headline seasonally adjusted number for initial unemployment claims was more wrong than usual this week, showing a year to year increase of 17,000 when the actual data showed a year to year decline of 1,700.  Therefore the one week increase in new claims of 28,000 which the mainstream …

Apparently Boffo Jobless Claims Really Were Good, And Right On Trend

by Lee Adler, Wall Street Examiner This report is an excerpt from the Permanent Employment Charts page, where you can find more charts on the claims data and various other employment measures. The Labor Department reported that the seasonally adjusted (SA) representation of first time claims for unemployment fell  by 37,000 to 335,000 from a revised …

Initial Claims Decline 14.3% vs. Same Week 2012, Continuing Improving Trend

by Lee Adler, Wall Street Examiner This report is an excerpt from the permanent Employment Charts page, updated when new data becomes available. Also updated today JOLTS and Average Weekly and Hourly Earnings and Hours Worked. The Labor Department reported that the seasonally adjusted (SA) representation of first time claims for unemployment rose by 4,000 to …