Surprise! Jobless Claims Up 78,000 Week After Election; PA, OH Worst Hit

November 15, 2012

The Department of Labor has announced that new jobless claims rose by a staggering 78,000 in the first week after the election, reaching a seasonally-adjusted total of 439,000. Over the past year, and in the weeks leading up to the election, jobless claims were said to be declining, dipping as low as 339,000, with the media proclaiming that they had reached the "lowest level in more than four years." Now, suddenly, the news seems far less rosy.

From the Department of Labor press release this morning:

In the week ending November 10, the advance figure for seasonally adjusted initial claims was 439,000, an increase of 78,000 from the previous week's revised figure of 361,000. The 4-week moving average was 383,750, an increase of 11,750 from the previous week's revised average of 372,000.

Some of the new claims...

FINISH

 

 


blog comments powered by Disqus

Perry warns Obama against 'hollowing out' National Guard [video]

July 24, 2014  00:51 AM

"Wow."

James Woods: Obamacare is about 'thinning the herd'

July 24, 2014  00:18 AM

"Yikes."

Obama motorcade stops woman in labor from crossing street to hospital [pics, video]

July 23, 2014  11:01 PM

"FUND RAISING!"

'Who's supposed to pay?': Hotels.com shills for 'guaranteed paid vacation' petition

July 23, 2014  09:40 PM

A pretty sleazy way to increase business

Cruz vows to hold nominees until he gets answers on Israeli flight ban

July 23, 2014  08:35 PM

"Was this decision a political decision?"

FSM Archives

More in PUBLICATIONS ( 1 OF 25 ARTICLES )