Shocking!
unexpected....everyone drink!!!!
And this week’s 366k will be revised up to 370k so they can report a drop or at least a smaller increase next week.....
Exactly as I predicted, gasoline prices going through the roof across the country. With each week that passes, and gas prices continue rising, the unemployment numbers will continue to get worse and worse.
This reporting scam has to stop. It did NOT rise by 2,000. It rose by 6,000 from the previously under-reported to a new under-reported number.
Impossible. The Democrats fixed this when they elected Obama.
The opening sentence of this Reuter's dispatch sent my little grey cells reeling at the very cunning of Obama's captive media wordsmiths:
"The number of Americans filing new claims for jobless benefits edged higher last week...." (so far, news is bad)
"......although a TREND READING fell CLOSE to a four-year low......"('trend reading' to the rescue. Quickly, factual BAD news is suddenly GOOD news because of a voodoo, iffy 'trend reading' that is 'close')
"......pointing to ongoing HEALING in the labor market.".......(now the original BAD news is ecstatically-GOOD news, medically-speaking, all in the space of 33 words in one single sentence).
Reuters and other journalistic perverts sure have a way with words, don't they!
For our own sanity and preservation we need Goebbels 101 courses available in schools and junior colleges everywhere to dissect, translate and expose the new leftist MediaSpeak.
Leni
Tick, tick, tick.....
March 15: Reported - 351,000, Revised - 353,000
March 22: Reported - 348,000, Revised - 364,000 Reported - down, Actual - up
March 29: Reported - 359,000, Revised - 363,000 Reported - down, Actual - down
April 05: Reported - 357,000, Revised - 367,000 Reported - down, Actual - up
April 12: Reported - 380,000, Revised - 388,000 Reported - up, Actual - up
April 19: Reported - 386,000, Revised - 389,000 Reported - down, Actual - up
April 26: Reported - 388,000, Revised - 392,000 Reported - down, Actual - up
May 03: Reported - 365,000, Revised - 368,000 Reported - down, Actual - down
May 10: Reported - 367,000, Revised - 370,000 Reported - down, Actual - up
May 17: Reported - 370,000, Revised - 372,000 Reported - no chg, Actual - up
May 24: Reported - 370,000, Revised - 373,000 Reported - down, Actual - up
May 31: Reported - 383,000, Revised - 389,000 Reported - up, Actual - up
June 07: Reported - 377,000, Revised - 380,000 Reported - down, Actual - down
June 14: Reported - 386,000, Revised - 389,000 Reported - up, Actual - up
June 21: Reported - 387,000, Revised - 392,000, Reported - down, Actual - up
June 28: Reported - 386,000, Revised - 388,000, Reported - down, Actual - down
July 05: Reported - 374,000, Revised - 376,000, Reported - down, Actual - down
July 12: Reported - 350,000, Revised - 352,000, Reported - down, Actual - down
July 19: Reported - 386,000, Revised - 388,000, Reported - up, Actual - up
July 26: Reported - 353,000, Revised - 357,000, Reported - down, Actual - down
August 2: Reported - 365,000, Revised - 367,000, Reported - up, Actual - up
August 9: Reported - 361,000, Revised - 364,000, Reported down, Actual - down
August 16: Reported - 366,000
Since March (and well before that I believe) the initial is ALWAYS lower than the revised.
Many times this has lead to invalid headlines by the media.
There a problem with joblissness or the economy in the US?
How can that be?
Is it Romney’s fault?
Jobless claims actually went up 5,000 initial-to-initial over the prior week but they "only" increased 2,000 as expected in the official propaganda.
DOW up 85.33
NASDAQ up 31.46
S&P up 9.98
American is clearly overdosing on hopium.
This is Obama pravda because this country will never willingly submit to Socialism and they know the stealth approach using the media to hypnotize the masses is the only way.
Another Recovery Summer
Here comes QE 3. Jackson Hole, baby. Timed to boost Obama, Wall St, etc., on another artificial high designed to dupe the lemmings and blow out the dollar.
How can this be possible when Dem-backer Google alone announced layoffs of 4000 at their Motorola facilities last week?