Initial Jobless Claims Rises

NEW YORK (CNNMoney.com) — The number of Americans filing first-time claims for unemployment insurance climbed unexpectedly last week.

There were 473,000 initial jobless claims filed in the week ended Feb. 13, up 31,000 from the previous week’s upwardly revised 442,000, the Labor Department said on Thursday.

A consensus estimate of economists surveyed by Briefing.com expected claims to slide to 438,000.

The 4-week moving average of initial claims, which levels out volatility, was 467,000, down 1,500 from the previous week’s revised average of 469,000.

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14 Responses to “Initial Jobless Claims Rises”


  1. 1 Rachel February 18, 2010 at 11:34 AM

    I feel that without a right number of living wage jobs producing adequate tax revenue, the economy can’t grow, and government can’t fund itself. The plan to create 3 million jobs through the end of 2011 will not be enough to help all the unemployed.

  2. 2 Azusa Mori February 18, 2010 at 1:08 PM

    This shows that economy is not still improving and more people are suffering from not having jobs and getting paid. The same thing is exactly happening in my country Japan, too. The requirements for unemployment insurance are strict so lots of people cannot receive enough umemployment benefits from government. It might take a long time for economy to recover but untill then, the government has to have effective policy-making for jobless people.

  3. 3 Christopher Henderson (101) February 20, 2010 at 4:36 PM

    I’m not surprised. In fact, my sister is part of that increase. At the end of January, the store she worked at closed and so she filled for unemployment while she looks for another job. But we also have strict rules here too, Azusa. When my sister had her phone interview regarding her unemployment, they asked if she was going to school. She said yes, only two days a week though. But they said that if she was unwilling to drop a course in order to take a job that that affects her eligibility for unemployment. My sister quoted the woman saying “They (the government) don’t want people going back to school, they want them working.” Which I find completely ridiculous. So we do have a way of weeding people out. But I agree that this increase just goes to show that things still aren’t improving.

  4. 4 Nhi Ho February 21, 2010 at 11:16 PM

    Unsurprising, the unemployment haven’t gone down yet, which cause the claims for unemployment insurance to rise. I hope the people will be able to help out these people. Fortunately, both my parents are still employed. All I can say is, I really hope the best for future. Hopefully, something great would happen and get everyone back to where they’re came from.

  5. 5 Logan C. Songer February 22, 2010 at 5:19 PM

    I am not surprised by this. Keep in mind that over the Holidays, many seasonal workers are hired for a short-period of time to satisfy the increase in Holiday shopping. I also think small business, or any business that was struggling or just barely holding on are now realizing they don’t have the cash reserves, nor do they have the business…everyone is saving more, which is a good thing! Let’s see how long it lasts!

  6. 6 Jennifer DaRosa February 23, 2010 at 1:48 PM

    This is a bit shocking to me. I knew the unemployment rate was very high but seeing actual numbers instead of just percentages makes it more real. I also think it was so shocking because i’ve never been personally affected by unemployment. These numbers are unacceptable and there has to be more we can do to change them. I realize that the government is currently trying to fix this problem but it doesn’t seem to be showing any real improvement in the unemployment rate.

  7. 7 Michelle Benton February 26, 2010 at 3:50 PM

    It is a very slow comeback. And like the article said these numbers do not take into consideration the number of people moving into extended benefits. I know at least two people that are doing extensions. It’s amazing how many people in my life have lost their jobs in the last 1 and a half years. My company just laid off 3 more from our corporate office and if things don’t improve internationally, they will start laying off at our facility in Napa which has 115 employees. The numbers are sobering.

  8. 8 Matt Cardoza March 1, 2010 at 1:48 PM

    Let’s see how long this will go on. Unemployment is fairly high at the moment but the numbers are somewhat shocking. Granted that there are millions of people taht lived in the United States, there should not be that many that are unemployed. We are in a recession and everyone is struggling, I guess that is just the way it is, but that does not mean people can not be agressive and keep applying for jobs.

  9. 9 Lacey Olson March 4, 2010 at 8:32 PM

    It is sad that if someone loses their job and wants to go back to school they are penalized for it and can’t receive unemployments benefits. It’s not fair that the people who sit on their butt and do nothing can get money while those trying to further themself get the raw deal. I guess you always have to look at the other side. The government can’t pay everyone to go to school. I mean, afterall, we do live in the U.S.

  10. 10 Anna Hernandez March 7, 2010 at 4:12 PM

    Interesting to read the previous blogs about the economy improving yet this one puts it to a rest-the economy is not improving. It is simply stagnant or declines a bit, but rarely does it stay at a increasing rate. I am shocked by how tedious the unemployment insurance claim process is yet Sacramento does not try to improve it for their own benefit. A tedious process, with an increase of incoming claims, is double the work for the State and extra costs. A more efficient process would be expensive to implement but the rewards would surpass the expenses.

  11. 11 Jessica Opperman May 3, 2010 at 8:18 PM

    It is not suprising that the number of jobless claims are rising. The economy is taking a dump and people are losing their jobs. I personally have lost my job because of cuts and not being able to afford to keep on the people they had. The economy seems to be getting worse and more people losing jobs.

  12. 12 Floyd Aranzazu May 15, 2010 at 11:19 AM

    The recession is becoming old news. Eventually, the economy will get back into a normal fluctuation. Sure the numbers were big a the time but I’m sure employment will rise thanks to the President.

  13. 13 Ji Young Yoo (Macro) May 18, 2010 at 9:48 PM

    Recession hits fast, but recovery is always slow and gradual. The number of the unemployed will continue to rise regardless of the improvement of growth rate and the uptrend in the stock/bond market. This is the moment when the government has to spend more money on the unemployed to make sure that they can be back to work in no time.

  14. 14 Ciara Pedroncelli May 19, 2010 at 12:09 AM

    This article is a little confusing. There are more claims for unemployment insurance but the unemployment rate went down? Does that simply mean that people were not claiming the insurance before in the hope that they would find a job and not need it? Something that was really nice to read in the article was that the claim for unemployment insurance went down in California. California has been hit really hard by this recession and to see that in one area it is actually doing better than the rest of the country is really awesome!


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