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

10 year FSM Anniversary

'Sure you do, Toots': Hillary says she wants public to see her emails

March 05, 2015  00:14 AM

"You bought the server. Release them yourself."

'WTF?': Netflix CFO backtracks on net neutrality support

March 04, 2015  10:12 PM

"What, now that it's passed?"

Anthony Weiner's sexting partner finds a new Democrat 'bitch boy'

March 04, 2015  08:39 PM

"I was really hoping it was a Republican"

'Sanger would be proud': Only THIS could make Amanda Marcotte fret about gov't spending

March 04, 2015  08:22 PM

"It's fiscally conservative, wingnuts!"

How twisted is this? Planned Parenthood: Abortion opponents are 'cruel,' 'bullies'

March 04, 2015  07:41 PM

Bravo, Planned Parenthood. You've reached a sickening new low.

FSM Archives

More in MUST READS ( 1 OF 25 ARTICLES )