Thursday, February 24, 2011

New Jobless claims fall to 391,000 + shows continuing downward trends + Lowest Level Since July 2008 = 9.1 million people are on state and federal unemployment rolls.

[mEDITate-OR:
see the continuing trend is very, very slowly down...
or is that TOO slowly?
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While this look great, there was a strange new report that
large cutback have, for no known reason, leaped back up.
What that means is confusing.
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What is also odd is that while California is getting better...
Texas is getting worse - jobs, foreclosures, home prices.
What was once a "sand state" problem...
has moved into area of U.S. that thought they were immune.
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JoblessClaims-022411.jpg
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This chart shows the total unemployment claims from July 2008 through last month. The latest report shows an increase to both initial unemployment claims and continued unemployment, but initial and traditional continued claims continue in a declining trend
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States with the largest drops:
Pennsylvania: Down 5,174, due to fewer layoffs in the construction, trade, service and transportation industries
Michigan: Down 4,206, due to fewer layoffs in the auto industry
California: Down 3,063, no reason given
Ohio: Down 2,173, no reason given
Maryland: Down 1,985, no reason given
States with the largest increases:
Missouri: Up 2,332, due to layoffs in construction
Texas: Up 2,171, due to layoffs in the insurance, service and manufacturing industries
Wisconsin: Up 1,795, no reason given
Louisiana: Up 1,425, due to reopening of government offices after weather caused closures in previous week
Indiana: Up 1,031, due to layoffs in transportation, warehousing and manufacturing
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New Jobless claims fall to 391,000
http://money.cnn.com/2011/02/24/news/economy/initial_claims/index.htm
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Jobless claims report shows continuing downward trends
In all, 9.1 million people are on state and federal unemployment rolls.
http://www.csmonitor.com/Business/Paper-Economy/2011/0219/Jobless-claims-report-shows-continuing-downward-trends
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How States Fared on Unemployment Applications
States with the biggest changes in unemployment benefit applications
http://abcnews.go.com/Business/wireStory?id=12991381
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