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Initial Unemployment Claims Creeping Up

first_img Agents & Brokers Attorneys & Title Companies Investors Jobs Labor Department Lenders & Servicers Processing Service Providers Unemployment 2012-05-17 Mark Lieberman First time claims were unchanged at 370,000 for the week ended May 12 after the number of initial claims filed for the previous week was revised upward, the “”Labor Department””:http://www.dol.gov/ reported Thursday. Economists had expected initial claims would decrease to 365,000.[IMAGE]The Labor Department had initially reported 367,000 claims filed for the week ended May 5. The revision turned that report to an increase of 2,000 from a previously reported decline of 1,000. Continuing claims ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô reported on a one week lag ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô increased 18,000 to 3,265,000 after the preceding week’s report was bumped up to 3,247,000 from an originally reported 3,269,000, coincidentally another 18,000 increase from the original report.The report marked the fifth time in the last six weeks first time claims have not declined.This week’s report covered the survey week used by the Bureau of Labor Statistics for the monthly Employment Situation report to be released on June 1, hinting at another month of slow job growth. Although first time claims from fell from mid-April to [COLUMN_BREAK]mid-May, they remain elevated from data earlier in the year. In the last six weeks, initial claim filings have averaged 379,500 compared with 366,500 in the previous six weeks.Initial claims remain above 350,000 which economists consider a tipping point between an expanding and contracting jobs market. First time claims filings were last below 350,000 in March 2008.Initial claims had been falling slowly but steadily since the beginning of 2011 but now appear to have settled in at a disappointing higher plateau.The four week moving average for initial claims fell for the second straight week to 375,000. The four week average for continuing claims dropped 11,750 to 3,282,750.The total number of people collecting benefits under all unemployment insurance programs, reported on a two-week lag, fell 149,759 to 6,273.624. That tally reflects changes in unemployment insurance programs, capping the number of weeks benefits would be paid, enacted when Congress approved the extension of the payroll tax suspension. According to the latest BLS report, 12.5 million people were officially counted as unemployed.States reported 2,666,007 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending April 28, a decrease of 22,150 from the prior week, the Labor Department said. There were 3,468,979 claimants in the comparable week in 2011. According to the Labor Department detail, also reported on a one-week lag, the largest increases in initial claims for the week ending May 5 were in Missouri (+2,569), New York (+2,276), Pennsylvania (+1,674), California (+1,613), and Texas (+1,229), while the largest decreases were in Florida (-2,599), Indiana (-1,735), Connecticut (-1,038), New Hampshire (-836), and Massachusetts (-668). May 17, 2012 447 Views Initial Unemployment Claims Creeping Upcenter_img Share in Data, Government, Origination, Servicinglast_img read more

The 5 Takeaways from the Coyotes introduction of

first_img The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Derrick Hall satisfied with D-backs’ buying and selling Top Stories Arizona ranked No. 31 out of 32 teams last season in rushing yards, coming in just ahead of Oakland Raiders, but finished dead last in the league with 3.3 yards per carry. The Cardinals had just six runs of 20 yards or more, with none of 40 yards or more.Ellington led Arizona in rushing in 2014, rushing for 660 yards on 201 carries with three touchdowns in 12 games before sustaining a season-ending hip injury against the Atlanta Falcons.Johnson is the Cardinals’ third-round selection in the 2015 NFL Draft out of Northern Iowa.Stepfan Taylor ran for 208 yards on 63 carries in 2014, scoring just once in 14 games (four starts).Kerwynn Williams was thrust into action by injuries in 2014, rushing for 246 yards on 53 carries in five games. He ran for 23 yards on 10 carries in Arizona’s playoff loss to the Carolina Panthers last season.Marion Grice is an ASU alum who carried the ball just 15 times last season for 41 yards and a touchdown. He also scored Arizona’s second touchdown in their first-round loss to the Panthers.Arizona is met with stiff competition in the NFC West from Seattle (No. 2), San Francisco (No. 17) and St. Louis (No. 19). Grace expects Greinke trade to have emotional impactcenter_img How intimidating do Andre Ellington, David Johnson, Stepfan Taylor, Kerwynn Williams and Marion Grice sound?Not that intimidating, according to NFL.com’s Marc Sessler.In Sessler’s list of the top running back groups in the NFL, he ranked the Arizona Cardinals as No. 27 out of the league’s 32 teams.The mark is last in the NFC West, and second-worst in the NFC.The Cardinals were one of the few teams he had no explanation for in the rankings, but the numbers speak for themselves. Former Cardinals kicker Phil Dawson retires 0 Comments   Share   last_img read more