Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Economy
Related: About this forumUS Jobless Claims Fall for Second Week, a Sign of Labor Strength
Last edited Thu Sep 1, 2022, 07:31 AM - Edit history (1)
Markets
Jobs
US Jobless Claims Fall for Second Week, a Sign of Labor Strength
By Olivia Rockeman
August 25, 2022, 12:35 PM UTC Updated on August 25, 2022, 12:40 PM UTC
Applications for US unemployment insurance fell for the second week, suggesting that employers are holding on to workers despite growing economic uncertainty.
Initial unemployment claims decreased by 2,000 to 243,000 in the week ended Aug. 20, Labor Department data showed Thursday. The median estimate in a Bloomberg survey of economists called for 252,000 new applications.
{paywall}
Jobs
US Jobless Claims Fall for Second Week, a Sign of Labor Strength
By Olivia Rockeman
August 25, 2022, 12:35 PM UTC Updated on August 25, 2022, 12:40 PM UTC
Applications for US unemployment insurance fell for the second week, suggesting that employers are holding on to workers despite growing economic uncertainty.
Initial unemployment claims decreased by 2,000 to 243,000 in the week ended Aug. 20, Labor Department data showed Thursday. The median estimate in a Bloomberg survey of economists called for 252,000 new applications.
{paywall}
1 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
US Jobless Claims Fall for Second Week, a Sign of Labor Strength (Original Post)
mahatmakanejeeves
Aug 2022
OP
mahatmakanejeeves
(61,346 posts)1. From the source:
Last edited Thu Sep 15, 2022, 09:10 AM - Edit history (1)
Program contact Kevin Stapleton is back He was taking some time off two weeks ago.
Yes, I read that stuff.
https://oui.doleta.gov/press/2022/082522.pdf
https://www.dol.gov/ui/data.pdf
News Release
Connect with DOL at
https://blog.dol.gov
TRANSMISSION OF MATERIALS IN THIS RELEASE IS EMBARGOED UNTIL
8:30 A.M. (Eastern) Thursday, August 25, 2022
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS
SEASONALLY ADJUSTED DATA
In the week ending August 20, the advance figure for seasonally adjusted initial claims was 243,000, a decrease of 2,000 from the previous week's revised level. The previous week's level was revised down by 5,000 from 250,000 to 245,000. The 4-week moving average was 247,000, an increase of 1,500 from the previous week's revised average. The previous week's average was revised down by 1,250 from 246,750 to 245,500.
The advance seasonally adjusted insured unemployment rate was 1.0 percent for the week ending August 13, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending August 13 was 1,415,000, a decrease of 19,000 from the previous week's revised level. The previous week's level was revised down by 3,000 from 1,437,000 to 1,434,000. The 4-week moving average was 1,424,750, an increase of 12,500 from the previous week's revised average. The previous week's average was revised down by 750 from 1,413,000 to 1,412,250.
{snip}
UNADJUSTED DATA
{snip}
The total number of continued weeks claimed for benefits in all programs for the week ending August 6 was 1,448,533, a decrease of 32,948 from the previous week. There were 12,007,688 weekly claims filed for benefits in all programs in the comparable week in 2021.
{snip the rest of the ten-page news release, until the end}
Weekly Claims Archives
Weekly Claims Data
U.S. Department of Labor news materials are accessible at http://www.dol.gov. The Department's Reasonable Accommodation Resource Center converts Departmental information and documents into alternative formats, which include Braille and large print. For alternative format requests, please contact the Department at (202) 693-7828 (voice) or (800) 877-8339 (federal relay).
U.S. Department of Labor
Employment and Training Administration
Washington, D.C. 20210
Release Number: USDL 22-1735-NAT
Program Contacts:
Kevin Stapleton: (202) 693-3009
Media Contact: (202) 693-4676
Connect with DOL at
https://blog.dol.gov
TRANSMISSION OF MATERIALS IN THIS RELEASE IS EMBARGOED UNTIL
8:30 A.M. (Eastern) Thursday, August 25, 2022
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS
SEASONALLY ADJUSTED DATA
In the week ending August 20, the advance figure for seasonally adjusted initial claims was 243,000, a decrease of 2,000 from the previous week's revised level. The previous week's level was revised down by 5,000 from 250,000 to 245,000. The 4-week moving average was 247,000, an increase of 1,500 from the previous week's revised average. The previous week's average was revised down by 1,250 from 246,750 to 245,500.
The advance seasonally adjusted insured unemployment rate was 1.0 percent for the week ending August 13, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending August 13 was 1,415,000, a decrease of 19,000 from the previous week's revised level. The previous week's level was revised down by 3,000 from 1,437,000 to 1,434,000. The 4-week moving average was 1,424,750, an increase of 12,500 from the previous week's revised average. The previous week's average was revised down by 750 from 1,413,000 to 1,412,250.
{snip}
UNADJUSTED DATA
{snip}
The total number of continued weeks claimed for benefits in all programs for the week ending August 6 was 1,448,533, a decrease of 32,948 from the previous week. There were 12,007,688 weekly claims filed for benefits in all programs in the comparable week in 2021.
{snip the rest of the ten-page news release, until the end}
Weekly Claims Archives
Weekly Claims Data
U.S. Department of Labor news materials are accessible at http://www.dol.gov. The Department's Reasonable Accommodation Resource Center converts Departmental information and documents into alternative formats, which include Braille and large print. For alternative format requests, please contact the Department at (202) 693-7828 (voice) or (800) 877-8339 (federal relay).
U.S. Department of Labor
Employment and Training Administration
Washington, D.C. 20210
Release Number: USDL 22-1735-NAT
Program Contacts:
Kevin Stapleton: (202) 693-3009
Media Contact: (202) 693-4676