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New Jobless Claims: Totally Expected and What to Expect Next

uvuvuv Wrote: Feb 04, 2013 12:13 PM

these atatistics i want to study further, because i can't easily follow the logic trend as this information is presented in this article. but it would seem that the bls would have a standardized protocol in place by now. i think they use these seasonal adjustments as glib excuses for when these pesky numbers don't cooperate politically. what they are saying is the dog ate my homework.

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Kibitzer Wrote: Feb 05, 2013 3:10 PM

Seasonally adjusted is just a PC way of saying the number arrived at is not a measure of unemployment at the time of the survey. In other words, the numbers have been fudged to hide the truth.

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swawrzynek Wrote: Feb 05, 2013 9:45 PM

NICE ! Numbers is Numbers. They can be manipulated in any number of ways..

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New Jobless Claims: Totally Expected and What to Expect Next

As we expected, the number of new jobless benefit claims jumped from the low level reported in the previous week. Let's show where things stand now, then get to some analysis - our chart below shows where we are with respect to the most recently established trend for new jobless claims: