Unemployment numbers

[lys]

Numbers for new enemployment claims was 386,000 for the week ending July 14. Not trending in the right direction.

[pixy0stix]

Do I even have to ask?

[downtoearth]

Have you seen this...it looks at unemployment over time from the 70s on...just interesting: www.google.com/publicdata/explore?ds=z1ebjpgk2654c1_&met_y=unemployment_rate&idim=country:US&fdim_y=seasonality:S&dl=en&hl=en&q=unemployment#!ctype=l&strail=false&bcs=d&nselm=h&met_y=unemployment_rate&fdim_y=seasonality:S&scale_y=lin&ind_y=false&rdim=country&idim=country:US&ifdim=country&tstart=109317600000&tend=1337407200000&hl=en_US&dl=en&ind=false

(Hope that link works)

What's the reason for higher umemployment this month?

[julief]

I typed the figures that she cited into Yahoo search, and it gave me this.

www.dol.gov/opa/media/press/eta/ui/eta20121423.htm

In the week ending July 14, the advance figure for seasonally adjusted initial claims was 386,000, an increase of 34,000 from the previous week's revised figure of 352,000. The 4-week moving average was 375,500, a decrease of 1,500 from the previous week's revised average of 377,000.

The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending July 7, unchanged from the prior week's unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending July 7 was 3,314,000, an increase of 1,000 from the preceding week's revised level of 3,313,000. The 4-week moving average was 3,311,750, an increase of 1,000 from the preceding week's revised average of 3,310,750...

[JLN]

Sisu, is that you?