On Thursday, the U.S. Department of Labor announced that new claims for regular state unemployment benefits, seasonally adjusted, were 374,000 for the week ending August 25, unchanged from the previous week. The 4-week moving average was 370,250, an increase of 1,500 from the previous week’s revised average of 368,750. This was still down from over 400,000 new weekly claims for benefits at this time last year.
However, the overall message in these numbers is a recovery that has stalled.
Detailed data for states show Michigan with the biggest increase in new claims for unemployment benefits at 2,383 new claims for the week ending August 18. Florida had the second highest, an increase of 1,558 new claims for that week.
New claims dropped in Florida by 5,549, in Ohio by 1,379 and Oregon by 1,098.
In advance of Labor Day, on Thursday, August 30, United States Secretary of Labor Secretary Hilda Solis will host a live Twitter chat where participants can ask questions and receive information on entering the workforce, finding job training programs and identifying up-and-coming careers. To join the conversation use the hashtag #LaborDay2012 or tweet questions in advance to @HildaSolisDOL.