Saturday, July 24, 2010

Jobless claims jump in latest week + More Than Forecast = Elevated jobless claims point to weak labor market

[mEDITate-OR:
be surprised that the drop last week did not continue...

Little children LOVE teater-toters, adults may love to watch children on them...
but they do not like to ride them, roller coasters of course, those we love.

So, which one are you on, and is there anything left in your glass?
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US-jobless-claims-072210.jpg
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Weekly Unemployment Claims
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How states fared on jobless claims, at a glance
States reporting the largest increases in claims:
New York: Up 18,047, due to layoffs in transportation, service, and public administration industries
Indiana: Up 9,094, due to layoffs in the automobile and service industries
Michigan: Up 7,758
Georgia: Up 6,268, due to layoffs in the construction, trade and manufacturing industries
Florida: Up 5,568, due to layoffs in the construction, trade, service, agriculture and manufacturing industries
States reporting the largest drops in claims:
New Jersey: Down 10,585, due to fewer layoffs in the transportation, warehousing and service industries
California: Down 8,034, due to a shorter workweek during the July 4 holiday and fewer layoffs in the service industry
Massachusetts: Down 3,343, fewer layoffs in the transportation, service and public administration industries
Illinois: Down 1,327, due to fewer layoffs in the construction, trade and manufacturing industries
Oregon: Down 987
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Jobless Claims in U.S. Increased More Than Forecast
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Jobless claims jump in latest week
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Elevated jobless claims point to weak labor market
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