Thursday, July 15, 2010

Jobless claims sink to near 2-year low

[mEDITeTe-OR:
loose your mind over not loosing your job..., by worrying.

What you should - economically speaking - find interesting is the very different way these two charts present the exact same numbers:
the 1st chart shows U.S. that the level of UI claims has plateaued for over 8 months.
the 2nd shows U.S. that THIS slight drop means that we are clearly back onto the way back down.

Pick your pic...!

{Ed: we later picked up Calculated Risk's chart.
even more interesting for U.S. to took at...!!!
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eco4-071510.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 8,066, due to layoffs in the service and transportation industries
New Jersey: Up 6,167, due to layoffs in trade, service and manufacturing industries
Michigan: Up 5,323
Illinois: Up 3,034, due to layoffs in trade, service and manufacturing industries
Ohio: Up 2,926, due to layoffs in manufacturing
States reporting the largest drops in claims:
Florida: Down 3,586, due to fewer layoffs in construction, services, manufacturing and agriculture
Georgia: Down 2,182, due to fewer layoffs in construction, services and manufacturing
Connecticut: Down 1,261
Pennsylvania: Down 1,047, due to fewer layoffs in services and transportation
Iowa: Down 809
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