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Excuse my ignorance, but what on Earth is the rolling 12-month total final payment?

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Tue Jan 5th, 2010 at 04:11:35 AM EST
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Possibly related posts:

2 Jan et seq
3 Jan, 26 wks, not the movie

Diversity is the key to economic and political evolution.

by Cat on Tue Jan 5th, 2010 at 07:33:09 AM EST
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what on Earth is the rolling 12-month total final payment?

Accountant speak? I would hope Cat would know better than I.  I understand a rolling 12-month payment figure. It smooths the data. Total final seems mystifying. But even I can see that if what was a plateau in the last recession turns into a mesa in this "recession" troubles could ensue.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue Jan 5th, 2010 at 07:52:03 PM EST
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rolling 12 month is an absolute number -- the amount paid to persons (UI claimants) during the last week of regular coverage which is, on average, the 26th week. As I said, state coverage is variable; some claimants receive less than 26 wks compensation (indemnity).

Smoothing is irrelevant as graphed.

Indemnity paid fter the 26th week is another graph of extended UI payments (indemnity), variable wk 27 - wk 40. As I said, state coverage is variable; some claimants receive less than 40 wks compensation (indemnity). And so on -- BLS tiers 1-4.

All of these persons are counted in establishment survey of (establishment, firm) unemployed persons. However, these persons are not the only unemployed persons in the USA.

Diversity is the key to economic and political evolution.

by Cat on Fri Jan 8th, 2010 at 05:42:42 PM EST
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