Jul 30: Initial Claims Up

Initial Claims increased by 25,000 to 584,000 for the week ending 07/25 from 559,000 the previous week (revised upward from 554,000).  Analysts expected a lower increase to 574,000 for the week.  The 4-week moving average was 559,000, a decrease of 8,250 from the previous week’s revised average demonstrating that the underlying trend of filings is showing an improvement, despite the weekly spike in filings.  New York had a 22,052 reduction in filings for the week ending 7/18 from fewer layoffs in the service and transportation industries.  Seasonally adjusted insured unemployment last week was 6,197,000, a decrease of 54,000 from the preceding week's revised level, maintaining the seasonally adjusted insured unemployment rate of 4.7%.

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ECONOMIC HIGHLIGHTS ARCHIVE

Feb 10: Trade Deficit in-line with Expectations - Trade Deficit in-line with Expectations

on February 10, 2012

Feb 9: Initial Jobless Claims falling more than Expected - Initial Jobless Claims falling more than Expected

on February 9, 2012

Feb 8: Improving Odds of a Greek bailout - Improving Odds of a Greek bailout

on February 8, 2012

Feb 7: Nothing Major on the Economic Calendar - Nothing Major on the Economic Calendar

on February 7, 2012

Feb 6: Greece back in the news Again - Greece back in the news Again

on February 6, 2012

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