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Jobless/Unemployment Number Skewed Again!

Discussion in 'Political Discussion' started by PatriotsReign, Oct 12, 2012.

  1. PatriotsReign

    PatriotsReign On the Roster

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    Initial reports said the following.....

    "Initial jobless claims, which are a measure of the number of people recently laid off, fell by 30,000 to a seasonally adjusted 339,000, the lowest level in more than four years."

    Followed by a BIG "OOPS!".....

    "But the Labor Department spokesman said the numbers were skewed by one large state that underreported its data. The spokesman declined to identify the state, but economists believe California is the only state large enough to have such a significant impact on the overall numbers.

    The spokesman said the lack of reporting affected the season adjustment for the week, likely by about 30,000 fewer claims."


    Jobless Claims Data Skewed Downward | Fox Business

    Well I'll be!! Imagine that!
  2. Mrs.PatsFanInVa

    Mrs.PatsFanInVa PatsFans.com Supporter PatsFans.com Supporter

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    #24 Jersey


    Read more: CALIFORNIA: The Jobless Report Was Correct - Business Insider
  3. Triumph

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    #32 Jersey

    I believe that the unemployed (or Voters) realize what a big joke these jobs reports actually are and dont buy this malarkey for a minute.
  4. Holy Diver

    Holy Diver Rookie

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    OMG....

    when a frickin poll doesn't go the way of the right, they complain about the sample. When job #s don't go their way they cry conspiracy...

    yawn-city
  5. Patsfanin Philly

    Patsfanin Philly Rookie

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    I'm shocked, really. I thought it would be Illinois that used creative accounting. What's next, "jobs grew unexpectedly last month as 2,000,000 new jobs were reported in the Chicago area." Don't get me wrong, I would love to see it happen but count me cynical when consumer sentiment and jobless numbers and other indicators vary by huge amounts just before an election....
  6. The Brandon Five

    The Brandon Five Rookie

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  7. PatriotsReign

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