Skip to main content

Claims for week ending June 8.
For the week ending June 8, seasonally adjusted initial claims for unemployment compensation was 334,000, down 12,000 from the previous week's 346,000, the Department of Labor reported Thursday. For the comparable week of 2012, initial claims were 382,000.

The less volatile four-week running average fell to 345,250, down 7,250 from the previous week's average of 352,500.

Only twice this year have initial claims been lower—for the last week of April and first week of May. Before that, the last time claims were lower was in January 2008. Many analysts had expected to see a rise in claims because of the federal budget sequester, but so far that obviously hasn't happened.

In both state programs and the federal emergency compensation program begun because of the recession, the total number of people claiming compensation for the week ending May 25 was 4,515,445, down 129,863 from the previous week. For the comparable week of 2012, there were 5,827,210 persons making claims. The decline in claims is partly because some people have gotten jobs and partly because some have exhausted their eligibility for the programs.

Some states have reduced how long a person can collect compensation from the 26 weeks that was standard for half a century to 20 or even fewer weeks. Some have also reduced the maximum amount of each compensation paycheck. Because of the budget sequester, federal emergency compensation checks have been reduced at least 10 percent.

Originally posted to Meteor Blades on Thu Jun 13, 2013 at 07:10 AM PDT.

Also republished by Daily Kos Labor.

EMAIL TO A FRIEND X
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