177 comments on Drumbeat: November 25, 2009
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177 comments on Drumbeat: November 25, 2009
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BLS Weekly Jobs Data Wed Nov 25 2009:
Seasonally Adj. initial claims fall -35,000
Non-Seasonally Adj. initial claims rise +68,080
Seasonally Adj. continued claims fall -190,000
Non-Seasonally Adj. continued claims rise +187,642
Of course the MSM only talks about Seasonally Adj. Numbers
And a rosier future.
http://www.dol.gov/opa/media/press/eta/ui/current.htm
Sorry, but I find myself in the uncomfortable position of siding with the MSM on this one.
The MSM also reported the initial SA numbers of 505K last week even though the NSA was only 475K. As long as they are consistent, then reporting the SA numbers is perfectly legimate.