Friday, January 7, 2011

Jobless claims Apps rose by 18,000, underlying trend still down + How states fared on jobless claims, at a glance

[mEDITate-OR:
think last month was wonderful, and this terrible...
forgetting that roller-coaster go up and down, regularly.
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What is clear now is that the decline in new job claims is going to BE slow.
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Initial claims for state unemployment benefits increased 18,000 to a seasonally adjusted 409,000,
above economists' expectations for 400,000.
The prior week's figure was revised up to 391,000 from the previously reported 388,000.
The average has fallen by more than 76,000, or 16 percent, in the past four months.
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The four-week average, a less-volatile measure, fell to 410,750
its lowest level since late July 2008
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jobless-01062011-1.jpg
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for the week ending Dec. 25
States with the biggest declines:
Florida: Down 4,956, due to fewer layoffs in the construction, trade and service industries.
Texas: Down 3,904, due to fewer layoffs in services and manufacturing
Georgia: Down 3,089, due to fewer layoffs in construction, services and manufacturing
Oklahoma: Down 2,133, no reason given
Illinois: Down 1,847, no reason given
States with the largest increases:
California: Up 15,972, due to layoffs in the transportation, construction, service and manufacturing industries
Wisconsin: Up 3,109, due to layoffs in transportation, warehousing and manufacturing
North Carolina: Up 2,992, due to layoffs in construction, services, mining and textiles
Indiana: Up 2,896, due to layoffs in the auto, transportation, service and manufacturing industries
Massachusetts: Up 2,738, due to layoffs in transportation, warehousing, construction, services and manufacturing
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How states fared on jobless claims, at a glance
http://news.yahoo.com/s/ap/20110106/ap_on_bi_ge/us_economy_glance_1
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