Skip to comments.Initial Claims Misses By Most Since Sandy, Reverts To 2012 Average
Posted on 01/03/2013 5:59:45 AM PST by Perdogg
It would seem initial claims can be summed for 2012 in one word, 'average'. This last print of 2012 was almost perfectly at 2012's average of 372, the biggest miss since the first week of November and the Sandy disturbance. Notably, last week's print was revised higher (after 19 states failed to report and were 'guessed at) by 12k jobs to 362k having now risen for 3 weeks in a row (on a seasonally adjusted basis). When we scratch below the surface at non-seasonally-adjusted the numbers are much more concerning than a rampaging equity market would care to note, NSA initial claims rose 40,459 to 495,588 on the week.
(Excerpt) Read more at zerohedge.com ...
The election is over.
No need to publish the extra-bogus numbers anymore.
The regular bogus numbers will suffice from here on out.
Boy, that was unexpected!
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