tagged w/ Jobless Claims
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Details from John William’s Shadow Stats:
The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.
The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.
READ MORE: http://globalpoliticalawakening.blogspot.com/2010/11/real-unemployment-rate-is-22.htmlDetails from John William’s Shadow Stats:
The seasonally-adjusted SGS... more
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The number of new applicants for unemployment benefits jumped to 542,000, the highest since 1992. What do you think?
More at link.The number of new applicants for unemployment benefits jumped to 542,000, the highest... more
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The government says the number of newly-laid off workers requesting unemployment insurance dropped last week after spiking the previous week due to auto layoffs.The government says the number of newly-laid off workers requesting unemployment... more
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The Labor Department reported that jobless claims last week increased by 32,000 to a seasonally adjusted 516,000. That is the highest total since just after the Sept. 11 terrorist attacks and second-highest since 1992.The Labor Department reported that jobless claims last week increased by 32,000 to a... more
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New claims for jobless benefits dropped more than expected last week as the impact of two hurricanes in September faded, but the tally remains at levels economists associate with a recession.New claims for jobless benefits dropped more than expected last week as the impact of... more
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"The number of newly laid off people signing up for jobless benefits last week climbed to its highest point in more than six years as companies cut back given the faltering economy.
The Labor Department reported Thursday that new applications filed for unemployment insurance rose by a seasonally adjusted 7,000 to 455,000 for the week ending Aug. 2. The increase left claims at their highest level since late March 2002.
A program to locate people eligible for jobless benefits played a role in the increase, a Labor Department analyst said. However, the analyst couldn't say how much of a role.
The latest snapshot of layoff filings was worse than analysts expected. They were forecasting new claims to drop to around 430,000.""The number of newly laid off people signing up for jobless benefits last week... more
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