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

‘Gaffetastic!' Chuck Hagel pulls a Biden, asks Indian prof if he's a member of the Taliban [video]

June 20, 2013  07:56 AM

In this week’s edition of “Sh*t Chuck Hagel Says”: Gaffetastic! MT @FreeBeacon VID: Hagel asks man at U of Nebraska if he's in Taliban; turns out 2 b Indian professor wfb.tc/11oM04P— Michelle Malkin (@michellemalkin) June 20, 2013 Gaffetastic, indeed. After reportedly answering question on negotiating with the Taliban, Secretary of Defense Hagel called on an […]

Inconsistencies in reports of ‘crowd of Tea Party hecklers' telling GOP congressman to ‘speak English'

June 20, 2013  05:31 AM

Twitter is buzzing with left-of-center accounts of a Tea Party "crowd" telling GOP Rep. Diaz-Balart to "speak English" while making remarks in Spanish at the House Leadership Immigration press conference. But what really happened is not clear.

Obama comment on ‘divisive' Catholic education means class in session for #ObamaApprovedSchools

June 19, 2013  10:37 PM

At the G8 Summit in Northern Ireland, President Obama suggested that Catholic schools are divisive. The controversy over the president’s comment prompted a Twitter user to wonder exactly what kinds of schools Obama would approve of. It only takes a tweet to get things going: I propose a new hashtag: #ObamaApprovedSchools – Hogwart's Academy – […]

Moving defense of the unborn: Tweeters praise Rep. Virginia Foxx for exposing real ‘war on women' [video]

June 19, 2013  09:42 PM

“May we, in humility, confront this national sin, & may we mourn what abortion reveals about the conscience of our nation.” – @VirginiaFoxx— Sister Toldjah (@sistertoldjah) June 19, 2013 Rep. Virginia Foxx (R-NC), speaking on behalf of the unborn and in support of the Pain-Capable Unborn Child Protection Act (HR 1797), was brought to tears […]

Sen. Ted Cruz blasts Gang of Eight's shamnesty bill

June 19, 2013  09:13 PM

Unlike many in the GOP, Sen. Ted Cruz, R-Texas, is willing to speak bluntly and honestly about the Gang of Eight’s amnesty proposal. Of course, he is absolutely right. It is 1986 all over again. And if the Gang of Eight bill passes, the low-wage-worker lobby will be pushing another amnesty proposal down our throats […]

FSM Archives

More in PUBLICATIONS ( 1 OF 25 ARTICLES )