Skip to comments.Which State Distorted Jobless Claims Data
Posted on 10/11/2012 9:48:17 AM PDT by bjc
One omission by one stateyou wouldnt think it would be a big deal, but in this case it drove the number down by 10%, said analyst Stephen Stanley with Pierpont Securities.
Economists are speculating the state could be California, the most populous state in the nation.
It was likely a state with a large population and we suspect that it was California based on the occasional massive swings that have occurred in its claims data in the past, said Daniel Silver, an economist with JPMorgan, in a note.
In short, this reading is worthless in terms of informing on the general economy, Mr. Stanley wrote in a research note.
(Excerpt) Read more at blogs.wsj.com ...
...I still think Chick-fil-A Appreciation Day was a good sign of whats coming Obamas way November 6th.
California would be my number 1 suspect.
I was unwilling to accept the conspiracy Jack Welch voiced last week about unemployment. I didn’t want to believe the left was that crude in their methods. This latest trick, counting only 49 states and leaving out California (with the no doubt huge impact of the petroleum price explosion), shows the left to be crude and desperate. Now everyone can see that.
The census was politicized.
Why the surprise on jobs numbers ?
just get off the grid when you can I guess...stop feeding the monster....
I would guess California too. Dems here will do ANYTHING to win!
Real convenient! Chi=town thug politics at its best
It has been confirmed by Fox and Rush... and me.
Only 49 states reported? What happened to the other 8?
I don’t know but it wasn’t Guam. Guam capsized.
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