Thursday, February 12, 2009

Watermark

I was listening to NPR this morning. They said that there were 800,000+ *first-time* unemployment filings last week. They said there were 600,000+ this week. They said total USA unemployment was ~4.8 million.

Breakdown:
3.4m divided by 50 states = 68,000 per state
times ~$300 benefits per week = $20,400,000 per week per state

4.8m divided by 50 states = 96,000 per state
times ~$300 benefits per week = $28,800,000 per week per state

footnote(s):
(1) The $300 per week is just a number I used; no source.

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