Unemployment initial claims January 3, 2013, 372000 claims, Up 10 thousand, 21 states with increases over 1000, Carma for Ohio with Layoffs in the automobile and manufacturing industries
“With a 63.7% labor force participation, “conditions in the labor market are considerably worse than indicated” in July’s report”…economist Joshua Shapiro, WSJ August 3, 2012
“We tried our plan—and it worked. That’s the difference. That’s the choice in this election. That’s why I’m running for a second term.”…Barack Obama
“the Times of the nineteenth of December had published the official forecasts of the output of various classes of consumption goods in the fourth quarter of 1983, which was also the sixth quarter of the Ninth Three-Year Plan. Today’s issue contained a statement of the actual output, from which it appeared that the forecasts were in every instance grossly wrong. Winston’s job was to rectify the original figures by making them agree with the later ones.”…George Orwell, “1984″
The Unemployment Initial Claims Report for January 3, 2013 was released this morning. 21 states had increases over 1000. Of the top 12 states with claims increases, all but one went for Obama in 2012 and all had initial claims over 2,000. Ohio had the largest increase of 8,795.
I refer to this as Carma.
From the US Labor Department January 3, 2013.
“In the week ending December 29, the advance figure for seasonally adjusted initial claims was 372,000, an increase of 10,000 from the previous week’s revised figure of 362,000. The 4-week moving average was 360,000, an increase of 250 from the previous week’s revised average of 359,750.”
STATES WITH AN INCREASE OF MORE THAN 1,000
|State||Change||State Supplied Comment|
|OH||+8,795||Layoffs in the automobile and manufacturing industries.|
|MI||+6,641||Layoffs in the manufacturing industry.|
|PA||+5,530||Layoffs in the entertainment and accommodations, and food service industries.|
|MA||+4,330||Layoffs in the educational services, construction, transportation, retail, food service and manufacturing industries.|
|NJ||+3,710||Layoffs in the educational services, construction, manufacturing, and real estate and rental industries.|
|IL||+3,445||Layoffs in the construction and manufacturing industries.|
|NY||+2,401||Layoffs in the construction, food service, professional, scientific, and technical service industries.|
|WA||+2,008||Layoffs in the agriculture, forestry, fishing and hunting, and construction industries.|
|IA||+1,648||Layoffs in construction and manufacturing industries.|
|NC||+1,394||Layoffs in the business services and construction industries.|
|MO||+1,311||Layoffs in the accommodation and food service industries.|
|IN||+1,175||Layoffs in the construction and transportation manufacturing industries.|
|OR||+1,150||Layoffs in seasonal industries.|
|TN||+1,030||Layoffs in the administrative and supporting service, food service, specialty trade contractors, metal, and construction industries.|