« | »

Oh Joy! Weekly Jobless Claims Down 1%

From the US Department Of Labor:


April 22, 2010


In the week ending April 17, the advance figure for seasonally adjusted initial claims was 456,000, a decrease of 24,000 from the previous week’s revised figure of 480,000. The 4-week moving average was 460,250, an increase of 2,750 from the previous week’s revised average of 457,500.

The advance seasonally adjusted insured unemployment rate was 3.6 percent for the week ending April 10, a decrease of 0.1 percentage point from the prior week’s revised rate of 3.7 percent.

The advance number for seasonally adjusted insured unemployment during the week ending April 10 was 4,646,000, a decrease of 40,000 from the preceding week’s revised level of 4,686,000. The 4-week moving average was 4,643,750, a decrease of 5,500 from the preceding week’s revised average of 4,649,250.

The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.202 million.


The advance number of actual initial claims under state programs, unadjusted, totaled 431,740 in the week ending April 17, a decrease of 79,187 from the previous week. There were 596,564 initial claims in the comparable week in 2009.

The advance unadjusted insured unemployment rate was 3.8 percent during the week ending April 10, a decrease of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 4,906,633, a decrease of 75,054 from the preceding week. A year earlier, the rate was 4.8 percent and the volume was 6,406,046…

Mind you, that giant 1% drop is only if you do a seasonally adjustment. The unadjusted drop was only .01%.

And yet the (new) economy boosters in our watchdog media will herald this as a massive improvement.

This article was posted by Steve on Thursday, April 22nd, 2010. Comments are currently closed.

7 Responses to “Oh Joy! Weekly Jobless Claims Down 1%”

  1. proreason says:

    Got a feeling that the Jobless Claims report is going to be suspended soon.

    With the GDP just going up and up and up and up, it really isn’t appropriate to be focusing so much on jobs, is it? Particularly when your benevolent government is taking care of everybody who doesn’t have a job.

    We’re all having so much fun not working anyway.

  2. FCAFlyer says:

    Yeah, baby. A jobless recovery – – just like a meatless, steak dinner.

  3. wardmama4 says:

    I know how to solve this ‘unemployment’ figure – reset unemployment ‘benefits’ back to 6 months – a lot of the now layabouts would go out and seek a job.

    But first we have to realize that those like my sister who for decades have whined about the cost of living in MA – but who refuses to move from MA – would be considered a lost cause. Same as those morons in Detriot who lined up for ‘Obama’s money from Obama’s stash’ – People that stuck on stupid are useless – No matter who is in charge, no matter what is happening around them. It is a shame. Those are not the people who made, keep and will continue to keep America great, prosperous and working.

    But of course that is not the intention of unemployment, any of the current ‘fixes’ through legislation nor even our Immigration policies – The entire intention it seems of our current Congress and Administration appears to be destroying the American economy, the American capitalist system, and making everyone an entitlement slave.

    Won’t happen here at all. Ever. Thus they will fail – as I do not believe the ‘majority’ of Americans are standing around with their hands out.

    • Right of the People says:

      Like Ron White said: “You can’t fix stupid.”

      Don’t worry, The Won™ will fix all this by re-activating the WPA and CCC to do all of those “shovel ready” jobs he was talking about.

  4. Laree says:

    Not in New Jersey – Chris Christie people need to share in the sacrafice that includes the teachers union. Tough times in Jersey and Chris Christie is keeping his campaign promises on spending caps – spending freeze.

    There is a special place in hell for people who remain neutral in times of great moral conflict.

    Governor Chris Christie (R) on Imus In The Morning. New Jersey’s Teacher’s Union Needs To Chill.

    He’s doing his best to reign in spending although folks don’t get that things are hard all over New Jersey they have 10% unemployment.


  5. MinnesotaRush says:

    Is this “expected”? Or “unexpected”?

    Just askin’.

« Front Page | To Top
« | »