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Is the Labor Department playing politics?
Human Events ^ | 04/19/12 | David Harsanyi

Posted on 04/19/2012 12:58:45 PM PDT by trappedincanuckistan

Whenever a situation appears to be a conspiracy, the explanation is likely to be happenstance. But, looking at how often (and how much) BLS has revised its unemployment numbers, offers us a trend that is, at the very least, worth noting.

More Americans "than forecasted" filed applications for unemployment benefits this week -- first we heard that the jobless claims fell by 2,000 but now the revised numbers show 6,000 above the initial forecast. As Ed Morrissey notes, "That number got revised this week, but the real story is in the 4-week rolling average. Just three or four weeks ago, that number was in the 360K range. Now it's close to 375K, roughly the same level as last spring’s stagnant economic conditions."

(Excerpt) Read more at humanevents.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: unemployment

1 posted on 04/19/2012 12:58:57 PM PDT by trappedincanuckistan
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To: trappedincanuckistan
According to Dow Jones, the Labor Department had revised its estimate of seasonally adjusted jobless claims upward in 56 of the past 57 weeks.

Numbers brought to you by the Ministry of Truth.

2 posted on 04/19/2012 1:23:07 PM PDT by Timocrat (Ingnorantia non excusat)
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To: Timocrat

I am amazed that the left hasn’t tried to outlaw the word “Unexpected”

In the last three years, every month that poor word gets abused. Everybody knows that the “real” unemployment is way over 8%

This had been a bad month for Obama, so even tho it does not feel like it, its been a good month for America.


3 posted on 04/19/2012 11:30:29 AM PDT by TheShaz
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To: Timocrat

I am amazed that the left hasn’t tried to outlaw the word “Unexpected”

In the last three years, every month that poor word gets abused. Everybody knows that the “real” unemployment is way over 8%

This had been a bad month for Obama, so even tho it does not feel like it, its been a good month for America.


4 posted on 04/19/2012 11:30:33 AM PDT by TheShaz
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