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Little reported stuff...

Boca

Governor
...unemployment claims spike!/

Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months.


Take heart, it's miserable again for the 43rd month, but it's not as bad as it seems. It's just that blue-state California officials decided their effort to influence the elections last week was too little too late after the debates, so they opted to come clean with the real numbers

Last week, California reported a large drop in applications, pushing down the overall figure to the lowest since February 2008. This week, it reported a significant increase. The gyrations occurred because it processed applications last week that were delayed from the previous week.
 
How wonderful for you. Another conspiracy to wallow in. Anyone who follows the stock market on CNBC like me knows all about it and it is just that data that is caught up at the end of the quarter didn't get into the numbers. It wasn't that applications for that week reported a large drop but the end of quarter catch up was missing. So just to keep you happy we'll leave it as a conspiracy.
 
And surprise, surprise, surprise......conveniently for Obama....the revised and CORRECT number won't be released until AFTER the election.

Typical, eh?

We knew they would cook the books and make it look like it was under 8% for him though. It was a sure thing.

...unemployment claims spike!/




Take heart, it's miserable again for the 43rd month, but it's not as bad as it seems. It's just that blue-state California officials decided their effort to influence the elections last week was too little too late after the debates, so they opted to come clean with the real numbers
 
And surprise, surprise, surprise......conveniently for Obama....the revised and CORRECT number won't be released until AFTER the election.

Typical, eh?

We knew they would cook the books and make it look like it was under 8% for him though. It was a sure thing.

You should keep your trap shut when you don't know what you are talking about. Of course we would never hear from you in that case. This has nothing to do with the unemployment rate. These are weekly numbers of new applications and the missing numbers from last week have been included in this weeks report. That is the reason for the 46,000 increase. :lol:
 
Hmm do tell Lappy, how this distortion of the numbers works?

Its one GIANT conspiracy against republicans... after all, despite about 57% of the public self-identifying as NOT republican... somehow not ONE OF the people in the BLS are republican...

Uhuh... tinfoil hat time twit.
 
http://data.bls.gov/pdq/SurveyOutputServlet?request_action=wh&graph_name=LN_cpsbref3

Little spoken of by republicans:

"Worst Crisis since 30's"
http://online.wsj.com/article/SB122169431617549947.html

Who laid off Americans, who continues to lay off Americans:

Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA)
Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA)

http://en.wikipedia.org/wiki/Bush_tax_cuts

Firms hire, but where???

http://online.wsj.com/article/SB10001424052702303990604577367881972648906.html


Gee, why would so many Americans be on food stamps and not pay income taxes when.....

http://www.guardian.co.uk/commentisfree/2012/aug/02/us-jobs-corporate-cash-hoarders



Economic stats:
http://www.treasury.gov/resource-center/data-chart-center/Documents/20120229_EssentialEcon.PDF


What happened in the "Great Depression"
http://en.wikipedia.org/w/index.php?title=File:US_Employment_Graph_-_1920_to_1940.svg&page=1
 
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