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More Funny Employment Numbers From Federal Government

Thursday, October 11, 2012 - 8:21 AM
The Department of Labor released its jobless claims report this morning, showing 339,000 new jobless claims this week, a drop of 30,000 from last week. What is "funny" about this report? Stuart Varney on FBN explained that one state, which was not specified, did not report its jobless claims number, and yet the report's "headline" did not indicate that the report was incomplete (not even an asterisk)! Varney added that he has never seen this before.
3
WilWil242 posts since
Feb 26, 2010
Rep Points: 1,281
1. Thursday, October 11, 2012 - 8:29 AM
There are two ways to lie:  by commission or by omission.    Failing to state all the relevant facts, as in this instance, is the latter - makes me trust even less.
4
pearlbrownpearlbrown1,356 posts since
Nov 2, 2010
Rep Points: 5,955
2. Thursday, October 11, 2012 - 5:22 PM
I heard this report from Stuart Varney this morning.  Later in the day I learned California was the state that didn't report.  I also heard the jobless claims reported on the radio many times today.  The omission of CA was never mentioned.  I wasn't surprised!!!
2
MaeclMaecl83 posts since
Jul 6, 2010
Rep Points: 654
3. Thursday, October 11, 2012 - 5:35 PM
CA, one of the worst state as far as unemployment goes.  Great pick for omission!:D
2
51hh51hh1,461 posts since
Jan 16, 2010
Rep Points: 6,351
4. Thursday, October 11, 2012 - 6:49 PM
California is short of help. It is expected that between 15,000 and 25,000 will be added to next weeks claims. This is not unusal and has happened many times. Ever hear of revised numbers.
1
AllyAlly778 posts since
Jan 16, 2010
Rep Points: 2,266
5. Thursday, October 11, 2012 - 6:58 PM
#4  We have revised numbers every week.  They have usually added to the previous weeks 1st time jobless claims.
2
MaeclMaecl83 posts since
Jul 6, 2010
Rep Points: 654
6. Friday, October 12, 2012 - 9:30 AM
As it turns out CA may not be the missing state.  All we know for sure is the missing state is big.
1
MaeclMaecl83 posts since
Jul 6, 2010
Rep Points: 654
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