You must be registered to comment and vote on comments.
Hilarious, ticked up? It went up and you will see a big spike when seasonals laid off last week start to file claims. Seasonally adjusted numbers:In the week ending January 5, the advance figure for seasonally adjusted initial claims was 371,000, an increase of 4,000 from the previous week's revised figure of 367,000. The 4-week moving average was 365,750, an increase of 6,750 from the previous week's revised average of 359,000. Unadjusted numbers:The advance number of actual initial claims under state programs, unadjusted, totaled 552,043 in the week ending January 5, an increase of 61,944 from the previous week. Its not getting better folks.
Since the media will NOT report the truth, I will. The ACTUAL number of people filing unemployment claims last week was 552,043, not the "seasonally adjusted" number the Obama administration provides and the media hypes. You can see this in the unemployment report at the Dept. of Labor website at dol.gov. Seasonal employees do NOT qualify for unemployment. You have to be on the job for a period of time to qualify. Two or three months working is not enough time to qualify in most states. For January 2012, the actual number of jobs lost that month was 2.7 million (normal after Christmas). Yet the Obama administration performed a "seasonal adjustment" to show an initial estimate of 244,000 jobs created, which was later revised upward to show 275,000 jobs created when 2.7 million were actually lost! We are being lied to by the Obama administration and the media is a willing participant!!!
Why is it so hard to find a story on the unemployment numbers when they go up, but when they go down the story shows up six different places? Now why does that happen.......this is a tough one.......
Your comment is being reviewed for inclusion on the site.
Comments will be reviewed before being published.
The Most Innovative bank empowering you to achieve
Dare to Learn More
425 Portland Av. S.
Minneapolis, MN 55488
© 2013 StarTribune. All rights reserved.
StarTribune.com is powered by Limelight Networks