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Asset Based Loan

Initial unemployment claims down 10/31/12

Per the November 29th, 8:30, Thursday release by the Department of Labor, initial unemployment claims were 393,000 on a seasonally adjusted basis.   This represented a decrease of 23,000 from the  previous weeks figure of 416,000.

The department reported that the 4 week moving average was 405,250, an increase of 7,500 from the previous week’s revised average of 397,750.   The department reported further that the advance seasonally adjusted insured unemployment rate was 2.6% for the week ending November 17th, unchanged from the prior week’s unrevised rate.

Insured unemployment for the week ending November 17th, was 3,287,000, a decrease of 70,000 from the previous week’s figures, and revised level of 3,357,000.  The total number of people filing claims from all programs ending November 10th was 5,182,815, a decrease of 58,623 from the previous week.Thank your for visiting our initial Unemployment Claims resource page!

Categories
Asset Based Loan

Bureau of Labor Statistics – Unemployment down in October

According to the 10:00 A.M. November 28th release by the Bureau of Labor Statistics, Unemployment was down in 329 of the 372 Metropolitan areas in the United States.

The bureau further reported that unemployment was higher in 37 areas and unchanged in 6 areas.    Three Metropolitan areas reported jobless rates of 15%, while 41 areas registered rates of 5.0% or less.   In October, 35 Metropolitan areas reported jobless rates of at least 10%, down from 80 Metropolitan areas the year prior.

180 Metropolitan areas reported unemployment rates below 7.0%, up from 107 areas in October 2011.   The two Metropolitan areas with the highest reported Unemployment rates were Yuma, AZ with 29.8% and El Centro, CA with 28.1%.   Bizmark, North Dakota reported the lowest unemployment rate at 2.2%.