Skip to main content

Weekly unemployment claims for week ending Aug. 4.
Long-term graph of weekly claims
Seasonally adjusted initial claims for unemployment insurance benefits were 361,000 for the week ending Aug. 4, the Department of Labor reported Thursday. That was a decrease of 6,000 from the previous week's revised figure of 367,000, originally reported as 365,000. The four-week running average that most analysts view as more authoritative because it flattens volatility in the weekly numbers rose to 368,250.

This is the first report in four weeks not to feel the impact of annual automaker shutdowns, which were fewer and shorter than previous shutdowns that typically have taken place in July. Thus, the numbers now, which were skewed during those four weeks by seasonal adjustments that did not take into account the change in shutdown schedules, are more likely to reflect the real situation in the labor market. Growth there remains sluggish and well below the record of most previous post-World War II recessions.

In all programs, including federal emergency extensions, the total number of people claiming benefits for the week ending July 21 was 5,750,084, down 214,367 from the previous week.

Originally posted to Daily Kos Labor on Thu Aug 09, 2012 at 05:57 AM PDT.

Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags


More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site