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Those INITIAL Unemployment Claim numbers!

 
Anonymous Coward
User ID: 619969
United States
06/21/2009 03:33 PM
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Those INITIAL Unemployment Claim numbers!
Those INITIAL Unemployment Claim numbers!


-------------------------------------------------------------​---------
INITIAL CLAIMS are the total number of people who have filled out claims for unemployment insurance each week across the nation. They are almost always revised a few days after they are issued, as not all of the states send in all of their claim numbers.

Note that in May the total of people claiming UI was close to 3 Million. Those were people who were previously employed and felt that they were entitled to UI. Some of course will be ruled ineligible. That usually runs about 2% across the states. If it was three of four percent, May still had two and a half MILLION people who filed and probably got their payments.

So, how in hell can Obama say that only 345,000 were newly unemployed in May????????? This administrations is so damned corrupt it is unbelievable.


WEEK of 6/20
WEEK of 6/13 608 K
WEEK of 6/06 605 K previously 601 K
WEEK of 5/30 625 K previously 621 K
WEEK of 5/23 625 K previously 623 K
WEEK of 5/16 636 K previously 631 K
WEEK of 5/09 643 K previously 637 K
WEEK of 5/02 605 K previously 601 K
WEEK of 4/25 635 K previously 631 K
WEEK of 4/18 645 K previously 640 K
WEEK of 4/11 613 K previously 610 K
WEEK of 4/04 663 K previously 654 K
WEEK of 3/28 674 K previously 669 K
WEEK of 3/21 657 K previously 652 K
WEEK of 3/14 644 K previously 646 K
WEEK of 3/07 658 K previously 654 K
WEEK of 2/28 645 K previously 639 K
WEEK of 2/21 670 K previously 667 K
WEEK of 2/14 631 K previously 627 K
WEEK of 2/07 627 K previously 623 K


From now on in, these are the only numbers that I will look at to see if the Economic collapse is slowing down. So far it is not. anytime, you have two million people a month losing their jobs, there are no green shoots.
Anonymous Coward
User ID: 706725
United States
06/21/2009 04:45 PM
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Re: Those INITIAL Unemployment Claim numbers!
This doesnt even begin to touch the plight of those self employed etc;
Or how many ran out of benefits

on and on...
Anonymous Coward (OP)
User ID: 619969
United States
06/21/2009 05:09 PM
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Re: Those INITIAL Unemployment Claim numbers!
The millions losing their jobs is just like the Great Depression.
Anonymous Coward
User ID: 708356
United States
06/21/2009 05:11 PM
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Re: Those INITIAL Unemployment Claim numbers!
The Stimulus Plan is supposed to create about 650k jobs, about a week's worth..)
Anonymous Coward
User ID: 659821
United States
06/21/2009 05:12 PM
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Re: Those INITIAL Unemployment Claim numbers!
Where did you get those weekly numbers?
Anonymous Coward
User ID: 706725
United States
06/21/2009 05:17 PM
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Re: Those INITIAL Unemployment Claim numbers!
The millions losing their jobs is just like the Great Depression.
 Quoting: Anonymous Coward 619969

Either losing or being taken by the invasion of cheap labor
LouisWinthorpeIII

User ID: 708377
United States
06/21/2009 05:24 PM
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Re: Those INITIAL Unemployment Claim numbers!
can someone kill the pyramid scheme thing above me?>
"I don't know which was scarier...the speech...or the Congress cheering it. He evoked Lincoln. Whenever a President is going to get us into serious trouble...they always use Lincoln."
-2010
LURKING

User ID: 656081
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06/21/2009 06:19 PM
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Re: Those INITIAL Unemployment Claim numbers!
U-3 Total unemployed, as a percent of the civilian labor force (official unemployment rate)

U-6 Total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers

(seasonally adjusted data)

May-09, U6 -> 16.4 / U-3 -> 9.4
Apr-09, U6 -> 15.8 / U-3 -> 8.9
Mar-09, U6 -> 15.6 / U-3 -> 8.5
Feb-09, U6 -> 14.8 / U-3 -> 8.1
Jan-09, U6 -> 13.9 / U-3 -> 7.6
Dec-08, U6 -> 13.5 / U-3 -> 7.2
Nov-08, U6 -> 12.6 / U-3 -> 6.8
Oct-08, U6 -> 12 / U-3 -> 6.6
Sep-08, U6 -> 11.2 / U-3 -> 6.2
Aug-08, U6 -> 10.9 / U-3 -> 6.2
Jul-08, U6 -> 10.4 / U-3 -> 5.8
Jun-08, U6 -> 10.1 / U-3 -> 5.6
May-08, U6 -> 9.8 / U-3 -> 5.5
Apr-08, U6 -> 9.2 / U-3 -> 5
Mar-08, U6 -> 9.1 / U-3 -> 5.1
Feb-08, U6 -> 9 / U-3 -> 4.8



[link to www.bls.gov]

Last Edited by LURKING on 06/21/2009 06:20 PM
"The Truth is so valuable that it must be protected with a bodyguard of lies"

Winston Churchill

Punted from GLP for the last time by unresponsive mods. Have gone to greener pastures where there is more professionalism.
Anonymous Coward
User ID: 708410
United States
06/21/2009 06:21 PM
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Re: Those INITIAL Unemployment Claim numbers!
[link to www.usmessageboard.com]
Anonymous Coward
User ID: 708447
Australia
06/21/2009 06:58 PM
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Re: Those INITIAL Unemployment Claim numbers!
I've been hearing those weekly 'INITIAL CLAIMS' numbers for ages. They always have seemed to be about the same as the monthly jobless numbers that come out.

I've always assumed that maybe the initial claims, even though they come out weekly, maybe are rolling month numbers???

Maybe I was wrong. Why wouldn't this cause shockwaves? Are 1.5 Million jobs being created each month?

Something doesn't make sense.
Anonymous Coward
User ID: 699808
United States
06/21/2009 07:02 PM
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Re: Those INITIAL Unemployment Claim numbers!
it's not per week, the weekly numbers are faltering adjustments during the month. Then they are given a final adjustment at the end of the month, the first week of every month on a Friday. Generally it's been around 500k to 600k. Last month there was slight recovery.

if 2 million people lost jobs monthly give or take, the U-3 % would be well over 30% by now.
Anonymous Coward
User ID: 705128
United States
06/21/2009 07:02 PM
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Re: Those INITIAL Unemployment Claim numbers!
Not to bring it up. But the big inside banksters are doing very well. Getting extra bonuses and all. While millions of americans are loosing their jobs and loosing their homes.

Something ain't right here.
Anonymous Coward
User ID: 706725
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06/21/2009 07:08 PM
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Re: Those INITIAL Unemployment Claim numbers!
The light bulbs go on
Anonymous Coward
User ID: 705200
Mexico
06/21/2009 07:13 PM
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Re: Those INITIAL Unemployment Claim numbers!
So, how in hell can Obama say that only 345,000 were newly unemployed in May????????? This administrations is so damned corrupt it is unbelievable.

 Quoting: Anonymous Coward 619969


The stat was that the labor force went DOWN by 345,000 in May. However, unemployment went UP by 740,000 for the month of May.

The MSM reported the former and pretty much fooled everyone. STILL.
Anonymous Coward (OP)
User ID: 619969
United States
06/21/2009 07:14 PM
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Re: Those INITIAL Unemployment Claim numbers!
Where did you get those weekly numbers?
 Quoting: Anonymous Coward 659821

They come out every week, so you can Google the news item each week, or you can go to one of about twenty sites on the internet that post the information, like Yahoo Biz.

[link to biz.yahoo.com]
Anonymous Coward (OP)
User ID: 619969
United States
06/21/2009 07:16 PM
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Re: Those INITIAL Unemployment Claim numbers!
it's not per week, the weekly numbers are faltering adjustments during the month. Then they are given a final adjustment at the end of the month, the first week of every month on a Friday. Generally it's been around 500k to 600k. Last month there was slight recovery.

if 2 million people lost jobs monthly give or take, the U-3 % would be well over 30% by now.
 Quoting: Anonymous Coward 699808

It is per week. I checked with DOL. Those are the weekly numbers of people filling out the forms. Notice that is is not an average as it jumps all over the place.
Anonymous Coward
User ID: 616405
United States
06/21/2009 07:20 PM
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Re: Those INITIAL Unemployment Claim numbers!
They are also switching to a volatility smoothing four-week average. This should make those numbers look a little better.
Anonymous Coward (OP)
User ID: 619969
United States
06/21/2009 07:20 PM
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Re: Those INITIAL Unemployment Claim numbers!
it's not per week, the weekly numbers are faltering adjustments during the month. Then they are given a final adjustment at the end of the month, the first week of every month on a Friday. Generally it's been around 500k to 600k. Last month there was slight recovery.

if 2 million people lost jobs monthly give or take, the U-3 % would be well over 30% by now.
 Quoting: Anonymous Coward 699808


The labor department told me that 3 out of 4 find work within a week to ten days. I think the labor department is full of animal excrement.
Anonymous Coward
User ID: 706747
Mexico
06/21/2009 07:21 PM
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Re: Those INITIAL Unemployment Claim numbers!
wow

2 million people a month losing their jobs?

fucking hell

I had no idea it was that many...

thanks op
 Quoting: ^TrInItY^


Officially , it is about 650,000 or so !!
Anonymous Coward (OP)
User ID: 619969
United States
06/21/2009 07:22 PM
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Re: Those INITIAL Unemployment Claim numbers!
So, how in hell can Obama say that only 345,000 were newly unemployed in May????????? This administrations is so damned corrupt it is unbelievable.



The stat was that the labor force went DOWN by 345,000 in May. However, unemployment went UP by 740,000 for the month of May.

The MSM reported the former and pretty much fooled everyone. STILL.
 Quoting: Anonymous Coward 705200

Jun. 6--Employers shed 345,000 jobs in May, a lower number than expected, but the nation's unemployment rate jumped to 9.4 percent, highlighting the difficulties displaced workers are facing in getting back to work.


You are WRONG, those were 345,000 jobs lost.
Anonymous Coward
User ID: 706725
United States
06/21/2009 07:24 PM
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Re: Those INITIAL Unemployment Claim numbers!
it's not per week, the weekly numbers are faltering adjustments during the month. Then they are given a final adjustment at the end of the month, the first week of every month on a Friday. Generally it's been around 500k to 600k. Last month there was slight recovery.

if 2 million people lost jobs monthly give or take, the U-3 % would be well over 30% by now.


The labor department told me that 3 out of 4 find work within a week to ten days. I think the labor department is full of animal excrement.
 Quoting: Anonymous Coward 619969

They play lowball poker really well....
Anonymous Coward
User ID: 695049
United States
06/21/2009 07:27 PM
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Re: Those INITIAL Unemployment Claim numbers!
I've been hearing those weekly 'INITIAL CLAIMS' numbers for ages. They always have seemed to be about the same as the monthly jobless numbers that come out.

I've always assumed that maybe the initial claims, even though they come out weekly, maybe are rolling month numbers???

Maybe I was wrong. Why wouldn't this cause shockwaves? Are 1.5 Million jobs being created each month?

Something doesn't make sense.
 Quoting: Anonymous Coward 708447



There are NO JOBS being created...only workplaces that absolutely have to hire due to an unplanned vacancy or death..that is the truth...this is the truth that you will never here from Obama or his administration.
Obama and his administration have been going out of their way since they came into office to decimate our workforce by shutting down or taking over every big business in America and guess what? The national service thing he wants ..hes gonna make people wear uniforms while doing it..and the rumor is that the uniforms will be made in China ...hows that for caring about the unemployed in our own country?
This new Sin Tax they want to put on soda pop and sugar products will also cost jobs...he is single handidly bankrupting our country and destroying every job he can think of ....now thats CHANGE YOU CAN BELIEVE IN!!
Anonymous Coward
User ID: 702076
United States
06/21/2009 07:29 PM
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Re: Those INITIAL Unemployment Claim numbers!
The three million is the total number of people filing for unemployment at that time. This includes continuing as well as initial claims minus the number of people who have either gotten a job or used up their benefits and are no longer filing. INITIAL claims did drop a little, however the total number filing is still a lot.
Anonymous Coward
User ID: 695049
United States
06/21/2009 07:33 PM
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Re: Those INITIAL Unemployment Claim numbers!
I look for the Pepis and Coca Cola company to be the next to start laying off people, if the SiN Tax thing goes through, then it will be the big cookie makers and donut companies like Keebler and Duncan to be next...and then so on down the line ...trucking companies also as there will be fewer deliveries...
My God ..when are people gonna wake up and see whats going on in America ...
Anonymous Coward
User ID: 700128
United States
06/21/2009 07:37 PM
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Re: Those INITIAL Unemployment Claim numbers!
Look for lots more bs numbers. The worse it gets the more they lie.
Anonymous Coward
User ID: 706725
United States
06/21/2009 07:38 PM
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Re: Those INITIAL Unemployment Claim numbers!
I look for the Pepis and Coca Cola company to be the next to start laying off people, if the SiN Tax thing goes through, then it will be the big cookie makers and donut companies like Keebler and Duncan to be next...and then so on down the line ...trucking companies also as there will be fewer deliveries...
My God ..when are people gonna wake up and see whats going on in America ...
 Quoting: Anonymous Coward 695049

Then they will hit us with a "wake up tax" scared
Anonymous Coward
User ID: 695049
United States
06/21/2009 07:38 PM
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Re: Those INITIAL Unemployment Claim numbers!
The new sin tax will also be horrific for small business bakeries ..ones that are privately owned and operated..they will go out of business by the thousands..
I really hope something turns around here soon before we have nothing left of our country that is recognizable anymore.
Anonymous Coward
User ID: 695049
United States
06/21/2009 07:42 PM
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Re: Those INITIAL Unemployment Claim numbers!
There is also a rumor that they are going to put a tax on beer ...just beer...not wine or harder alcohol ..just beer....ya know the beer that the average Joe drinks ..or the poor...they arent gonna tax the expensive stuff that the richies drink ...just a rumor..but we will see..
Anonymous Coward
User ID: 706725
United States
06/21/2009 07:44 PM
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Re: Those INITIAL Unemployment Claim numbers!
There is also a rumor that they are going to put a tax on beer ...just beer...not wine or harder alcohol ..just beer....ya know the beer that the average Joe drinks ..or the poor...they arent gonna tax the expensive stuff that the richies drink ...just a rumor..but we will see..
 Quoting: Anonymous Coward 695049

Oregon is leading the way :P
Anonymous Coward
User ID: 705200
Mexico
06/21/2009 07:46 PM
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Re: Those INITIAL Unemployment Claim numbers!
So, how in hell can Obama say that only 345,000 were newly unemployed in May????????? This administrations is so damned corrupt it is unbelievable.



The stat was that the labor force went DOWN by 345,000 in May. However, unemployment went UP by 740,000 for the month of May.

The MSM reported the former and pretty much fooled everyone. STILL.

----
Jun. 6--Employers shed 345,000 jobs in May, a lower number than expected, but the nation's unemployment rate jumped to 9.4 percent, highlighting the difficulties displaced workers are facing in getting back to work.

You are WRONG, those were 345,000 jobs lost.
 Quoting: Anonymous Coward 619969



Where you get your numbers is WRONG, and they and you misinterpret what the BOL is publishing. Go to the source, right hand column...

UP
Unemployment Level:
+787,000 in May 2009

DOWN
Change in Employment Level:
-437,000 in May 2009

[link to www.bls.gov]

So the RISE in unemployment by 787,000 for May was similar to Aprils, But the MSM reported the story of less unemplyment than expected. However, the MSM was publishing another number (decreasing employment, not rising unemployment) which were revised to 437,000 from 345,000.

Got it?
Anonymous Coward
User ID: 705200
Mexico
06/21/2009 07:49 PM
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Re: Those INITIAL Unemployment Claim numbers!
Or more than likely this is the number they were referring to... But this is NOT the unemployment numbers for May...

UP
Change in Civilian Labor Force Level:
+350,000 in May 2009

[link to www.bls.gov]





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