Skip to main content

jobless claims for week ending Nov. 10, 2012
The Department of Labor reported Thursday that, for the week ending Nov. 10, first-time claims for unemployment benefits rose to a seasonally adjusted 439,000, an increase of 78,000 over the previous week's revised number of 361,000. It was the highest number since April 2011. For the comparable week last year, first-time claims were 392,000. The less-volatile four-week running average climbed to 383,750, up 11,750 from the previous week's revised average of 372,000.

A department spokesman said several states said their numbers were affected by Hurricane Sandy. Although the department did not say specifically which states were involved in the increase, unemployment offices in hard-hit New York were closed two weeks ago because they had no electricity. Given that many businesses remain closed because of storm damage, the spike in new claims could continue for two or more weeks.

First-time claims showed a large spike in September 2005 after Hurricane Katrina struck the Gulf Coast.

“Based on previous extreme-weather episodes, we typically see the associative claims coming in over several weeks,” Jim O’Sullivan, chief U.S. economist for High Frequency Economics Ltd. in Valhalla, New York, said before the report. “It’s not a booming labor market, but it is a recovering labor market. Certainly prior to the storm, there was no sign that there was any deterioration.”
First-time claims have generally fallen into the 360,000-390,000 range for the past year. That compares with levels of 300,000-330,000 in the year before the Great Recession began in December 2007.

For all programs, both state and federally funded emergency extensions, the total number of people claiming benefits for the week ending Oct. 27 was 4,977,808, a decrease of 100,423 from the previous week. For the comparable week of 2011, there were 6,773,260 persons claiming benefits in all programs.

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

  •  Tip Jar (9+ / 0-)

    Don't tell me what you believe, show me what you do and I will tell you what you believe.

    by Meteor Blades on Thu Nov 15, 2012 at 06:38:31 AM PST

  •  We probably saw it coming, but it still hurts. (4+ / 0-)

    My heart goes out to those in need of a job -- and their families. I was in those shoes not long ago.

    Every honest communication poses a risk that we will hear something that could challenge or change us. -- Kenneth Cloke

    by GreenMtnState on Thu Nov 15, 2012 at 06:44:04 AM PST

  •  Won't clean up and re-building help bring these (1+ / 0-)
    Recommended by:
    mightymouse

    figures back down?

    "I cannot live without books" -- Thomas Jefferson, 1815

    by Susan Grigsby on Thu Nov 15, 2012 at 06:45:08 AM PST

    •  Those factors will have some small impact... (3+ / 0-)

      ...no doubt, but mostly the numbers will just return to whatever their trajectory would have been had Sandy not struck. We have other economic data that indicate a possible increase of unknown proportions: lower retail sales in October and a slowdown in manufacturing growth in the New York region for the month. I long ago learned not to make predictions about jobs and jobless claims numbers, but it would not surprise me at all to see us back at 360,000-370,000 first-time claims by this time in December.

      Don't tell me what you believe, show me what you do and I will tell you what you believe.

      by Meteor Blades on Thu Nov 15, 2012 at 06:54:34 AM PST

      [ Parent ]

      •  If Congress would cooperate, (1+ / 0-)
        Recommended by:
        Meteor Blades

        the Feds could put money into the region right away to jump start the clean up and recovery process - including low cost loans for small businesses and homeowners who were hit hardest.

        Between Benghazi, the Fiscal Cliff, General dalliances, and the hunt for mysterious black people in Maine, no one is paying very close attention to the unfolding tragedy where Sandy hit.

        I'm not saying that the Obama Administration isn't doing all it can with what they have available as much as I'm saying that the people on the Hill do not seem to be doing a damn thing about the situation.  If Peter King wanted to be really helpful, he'd be holding hearings looking into the massive failures of the electrical companies to not only restore power, but also to adequately maintain their infrastructure over the years.

        Sigh.

  •  as a 'zone A' American I am not surprised (3+ / 0-)
    Recommended by:
    Deejay Lyn, mimi, mightymouse

    thousands of small businesses were shut down and flooded out...  little mom and pop stores, BIG chain stores, mom and pop businesses etc.    In an instant these businesses just drowned or floated away :(    there will be a 'sort of' boom soon, as things get sorted out and rebuilding begins but  it wont bring back some ofthe businesses or the jobs NOT associated with rebuilding.

    yesterday unemployment fast tracking began in my city so expect to see even higher numbers for a bit...   (sigh)

    "You've got to be an optimist to be a Democrat, and a humorist to stay one" - Will Rogers

    by KnotIookin on Thu Nov 15, 2012 at 06:55:05 AM PST

    •  Might be for more than a bit (1+ / 0-)
      Recommended by:
      mightymouse

      I see no way that NY is going to get the aid it asked for.

      •  If house Repubs make that a line in the sand (1+ / 0-)
        Recommended by:
        KnotIookin

        they will pay dearly for it politically.

        "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

        by kovie on Thu Nov 15, 2012 at 07:23:56 AM PST

        [ Parent ]

        •  I'd like to think that (0+ / 0-)

          but I suspect I'd be fooling myself.

        •  when do they have to make this payment? (0+ / 0-)

          The Democrats haven't shown ability to win the House.

          An ambulance can only go so fast - Neil Young

          by mightymouse on Thu Nov 15, 2012 at 07:31:14 AM PST

          [ Parent ]

          •  Really? Er, 2006 & 2008... (2+ / 0-)
            Recommended by:
            mightymouse, KnotIookin

            Gerrymandering bought the GOP some time, but demographics and politics are going to kill them in the end if they don't change. There's a lot of sympathy for Sandy victims plus the affected areas are important in the US supply chain infrastructure for energy and goods. They'd be foolish to oppose this.

            "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

            by kovie on Thu Nov 15, 2012 at 07:34:02 AM PST

            [ Parent ]

            •  2006 and 2008 were anti-GOP waves (0+ / 0-)

              driven by national disgust with GWB and his rotten war. His approvals were in the low 30s.

              Do you see something like that coming down the pike? This was a D year, and we still couldn't win the House.

              Demographic effects could take a while to sink in. And it sounds a lot like counting chickens before they are hatched.

              Thus far the GOP has exercised power by being oppositional in the House. Not clear why we should expect this to change.

              An ambulance can only go so fast - Neil Young

              by mightymouse on Thu Nov 15, 2012 at 07:51:44 AM PST

              [ Parent ]

              •  Because it's losing them seats (2+ / 0-)
                Recommended by:
                mightymouse, KnotIookin

                Even with gerrymandering they lost around 10 seats because of such politics. That's likely to continue if they keep being such obstinate obstructionist assholes. There simply aren't enough far-right true red voters and deep red districts to allow this kind of politics beyond another election cycle or two. What happened in 06-08 can and will happen again, and Dems are likely to adopt a political and legislative agenda over the next 2 years to help assure that.

                "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

                by kovie on Thu Nov 15, 2012 at 07:56:44 AM PST

                [ Parent ]

                •  2006 & 2008 won't happen again w/o a kick (1+ / 0-)
                  Recommended by:
                  Utahrd

                  Those elections were a function of Bush and his war as much as anything.

                  If the Dems really want to win back the House they need to show something they've not shown yet.

                  I am not comfortable with the "if we just wait good things will happen." the GOP can adapt as well. And if they play the obstruction game well, and Dems do the usual shoddy messaging, half the angry voters in 2014 won't know what the problem is.

                  An ambulance can only go so fast - Neil Young

                  by mightymouse on Thu Nov 15, 2012 at 08:17:17 AM PST

                  [ Parent ]

                  •  Which is why I'm advocating that Dems (1+ / 0-)
                    Recommended by:
                    mightymouse

                    wage a slash and burn legislative war against the GOP over the next 2 years, forcing them to choose between pleasing their base and pissing off swing voters and helping to pass good bills. The more they go against the wishes of most voters, the more it'll hurt them in future elections. Something big has changed since 2010 and Repubs are in denial over it. A clear minority of voters elected them back into the house majority. That will become fatal for them over time.

                    "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

                    by kovie on Thu Nov 15, 2012 at 08:20:47 AM PST

                    [ Parent ]

                    •  are you sure about this? (2+ / 0-)
                      Recommended by:
                      TJ, kovie
                      A clear minority of voters elected them back into the house majority.
                      My understanding is that if all the votes cast in uncontested House races are added in, more total votes were cast for R's.

                      The popular thing being floated around the more D votes were cast is based solely on contested races.

                      This issue needs a clear & thorough analysis.

                      An ambulance can only go so fast - Neil Young

                      by mightymouse on Thu Nov 15, 2012 at 08:25:55 AM PST

                      [ Parent ]

                      •  That's what I think I read (1+ / 0-)
                        Recommended by:
                        mightymouse

                        It makes sense, too, given gerrymandering and that red districts and states generally have a lower average number of voters than blue ones. Unfair and undemocratic structural advantages benefit the GOP.

                        Absolutely this is true in the senate, and would be even if Repubs won it back.

                        "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

                        by kovie on Thu Nov 15, 2012 at 08:29:04 AM PST

                        [ Parent ]

                      •  Check out the Wiki (1+ / 0-)
                        Recommended by:
                        mightymouse

                        page on the 2012 house elections, that gives Dems around 500,000 more total votes than Repubs. I don't know how contested races factor into this.

                        "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

                        by kovie on Thu Nov 15, 2012 at 08:39:52 AM PST

                        [ Parent ]

                        •  thanks - (1+ / 0-)
                          Recommended by:
                          kovie

                          it would be good to see a table somewhere with all the vote totals - maybe people are waiting till all races are called and votes in.

                          winning the House is very important - but it's hard to understand with all the many districts.

                          An ambulance can only go so fast - Neil Young

                          by mightymouse on Thu Nov 15, 2012 at 09:12:25 AM PST

                          [ Parent ]

                  •  What we need is a 200,000-precinct... (2+ / 0-)
                    Recommended by:
                    mightymouse, kovie

                    ...strategy. We obviously won't win them all. But, in our effort in Los Angeles in 100 precincts, we increased Democratic turnout both in blue precincts and leaning-red ones. Boosting turnout will help us win state legislatures as well as Congress, both being crucial to long-term goals.

                    Don't tell me what you believe, show me what you do and I will tell you what you believe.

                    by Meteor Blades on Thu Nov 15, 2012 at 08:53:05 AM PST

                    [ Parent ]

  •  And those buffoons at Fox are already claiming a (2+ / 0-)
    Recommended by:
    Meteor Blades, Dr Swig Mcjigger

    conspiracy. Gawd I hate those people!

    – FOX NEWS’ ERIC BOLLING: “The Department of Labor is getting sketchier and sketchier with each one of these numbers.”
    – FOX NEWS’ GRETCHEN CARLSON: “A lot of people are going to be raising some eyebrows pretty high today that, after the election, we go up to this whopping number of 439,000.”
    – GOV. SCOTT WALKER (R-WI): “Well, real concerns about the numbers. Certainly, some will question the timing.“
    http://thinkprogress.org/...
  •  I wonder if this factors in (0+ / 0-)

    all those newly-unemployed GOP "strategists" and operatives suddenly left with nothing to do but cash in those fat paychecks they got for doing next to nothing.

    Seriously, though, I assume that a lot of people were hired temporarily to work for both parties, and now that they've been laid off, as planned, many are likely filing unemployment claims. I wonder if that's affected the numbers appreciably.

    "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

    by kovie on Thu Nov 15, 2012 at 07:23:08 AM PST

  •  blaming Sandy for this is off (0+ / 0-)

    if you actually look at the numbers from the Labor department: http://www.dol.gov/...

    STATES WITH A DECREASE OF MORE THAN 1,000
    State
    Change

    State Supplied Comment
    CA
    -8,149

    Fewer layoffs in all sectors, with the largest in service industry.
    NY
    -2,241

    Fewer layoffs in the retail, healthcare and social assistance, and food service industries. Power outages caused by Hurricane Sandy contributed to the decrease in initial claims as state systems were unable to take claims from claimants.
    STATES WITH AN INCREASE OF MORE THAN 1,000
    State
    Change

    State Supplied Comment
    PA
    +7,766

    Layoffs in the construction, transportation, manufacturing, and the food and beverage manufacturing industries.
    OH
    +6,450

    Layoffs in the automobile and manufacturing industries.
    NJ
    +5,675

    Increase in initial claims due to Hurricane Sandy. These separations were primarily in the construction, accommodation and food service, transportation and warehousing, and manufacturing industries.
    MI
    +2,373

    No comment.
    CT
    +1,783

    Increase in initial claims are due to Hurricane Sandy.
    NC
    +1,725

    Layoffs in the metal, textile, business services, furniture and fixtures, machinery, and food service industries.
    MD
    +1,499

    No comment.
    WA
    +1,382

    No comment.
    NV
    +1,180

    Increase in initial claims due to backlog created by state holiday in prior week.

    So the increase is 78,000 yet the increase from NJ and CT is less than 8,000 in these numbers and NY actually was a decrease of 2,000... So about 70,000 of the 78,000 has nothing to do with Sandy. But it's good to have something to blame.
    •  Sandy v. Katrina (0+ / 0-)

      And, although MB suggests another 2+ weeks of rising jobless claims due to Sandy, it will be worth watching to see if, as after Katrina, jobless claims suddenly drop by 2/3 after 3 weeks.

    •  You're misreading the numbers... (0+ / 0-)

      ...those are unadjusted numbers from the PREVIOUS  week ending Nov. 3. And they line up perfectly with the point about claims not being made because of closed offices and power outages.

      Don't tell me what you believe, show me what you do and I will tell you what you believe.

      by Meteor Blades on Thu Nov 15, 2012 at 09:02:32 AM PST

      [ Parent ]

  •  hmm. yet some in DC maintain addressing climate (0+ / 0-)

    change would interfere with addressing economic growth and jobs. The two are interconnected -- before and after an area gets hit with climate change storm.

    Earth provides enough to satisfy every man's need, but not every man's greed. Mohandas K. Gandhi

    by Patriot Daily News Clearinghouse on Thu Nov 15, 2012 at 08:47:22 AM PST

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site