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re: Jobless Claims Jump More Than Expected

Posted on 8/5/10 at 8:53 am to
Posted by tygerstripes
Baton Rouge
Member since Jan 2005
3391 posts
Posted on 8/5/10 at 8:53 am to
Did you really expect different? Dont worry the pump monkeys will be putting a positive spin on it all day.


numbers
This post was edited on 8/5/10 at 8:56 am
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 8/5/10 at 9:19 am to
There are real-life distortions in claims, you know. Auto re-tooling isn't some made up story, it happens every year. Seasonal adjustments are messing with that as well. If they jump 20k again next week, I might care, otherwise, its just week to week noise. They've been essentially flat for 6 months. I'm sure people will scream about the UE numbers tomorrow too, even though its widely expected to be a bad headline number because of the census effects.
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