Thursday, June 12, 2008

Thursday Is New Jobless Day

CNBC ticker says 384,000 lucky duckies. That's a big number! More when I find info on the full release.

...continuing claims up too.

In the week ending June 7, the advance figure for seasonally adjusted initial claims was 384,000, an increase of 25,000 from the previous week's revised figure of 359,000. The 4-week moving average was 371,500, an increase of 2,500 from the previous week's revised average of 369,000.

The advance seasonally adjusted insured unemployment rate was 2.4 percent for the week ending May 31, an increase of 0.1 percentage point from the prior week's unrevised rate of 2.3 percent.

The advance number for seasonally adjusted insured unemployment during the week ending May 31 was 3,139,000, an increase of 58,000 from the preceding week's revised level of 3,081,000. The 4-week moving average was 3,099,250, an increase of 16,500 from the preceding week's revised average of 3,082,750.