Unemployment claims….(continued)

Links to my previous post can be found here.

Today is another Thursday, and just like clockwork, another revision UPWARD (which is negative) of the previous weeks numbers.  From CNBC:

“Applications for unemployment benefits rose to 414,000 in the week ending Sept. 3 from an upwardly revised 412,000 the prior week, the Labor Department said on Thursday.”

Last week the number was 409,000, so we revised the number UP 3,000. And the 4 week moving average is now:

“The four-week moving average of claims, which smooths out volatility, rose to 414,750 from 411,000 the prior week.”

Please notice that the “government statisticians” continue to low ball the unemployment claims.  Please read my previous posts for an expanded view of this farce.  For anyone that cares, these “government statisticians” are NOT statisticians.  They are paid propagandists, and the American public should DEMAND their replacement.  It is NOT the government’s job, mandate, or design to LIE consistently to the American public!!!

I will continue to wager that next week the numbers will be revised UPWARD again.  Any takers, yet?

Advertisements

Tags: , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: