Skip to comments.US jobless claims fall less than expected
Posted on 10/25/2013 12:12:34 AM PDT by BenLurkin
The number of Americans filing new claims for unemployment benefits fell less than expected last week as California continued to process a backlog of applications caused by computer problems.
Initial claims for state unemployment benefits fell 12,000 to a seasonally adjusted 350,000, the Labor Department said on Thursday. Claims for the prior week were revised to show 4,000 more applications filed than previously reported. Economists polled by Reuters had expected first-time applications to fall to 340,000 last week.
A Labor Department analyst said claims from the backlog in California were still working their way through the system.
(Excerpt) Read more at financialexpress.com ...
“Computer problems” you say? Lot of that going around, huh?
The Administration can get the Jobs Report to say anything they want, and the news is still “Unexpected”??? Oh, that’s right, they can get the msm to say anything they want as well.
“Oh, thats right, they can get the msm to say anything they want as well.”
Even worse, they can get voters who have been dumbed down for generations to believe it. Unless ObamaCare starts seriously hurting Americans (to the point that no media lies can spin it), we’ll have a Dem majority in this country for a very long time.
This headline is a good example of putting lipstick on a pig.
Unemployment accelerates and they claim improvement... they use revised figures against unrevised figures when it aids their argument and ignore revisions when they don’t... and they just quit counting unemployed when they need some positive news.
When the expectations are wrong every time, it’s time to stop trying to predict the unpredictable.
“The number of Americans filing new claims for unemployment benefits fell less than expected last week . . .”
It seems like only yesterday the spin coming out of the administration was the 16 day shutdown destroyed the economy and cost the nation hundreds of thousands of private sector jobs. Then we hear the unemployment rate is down and now we learn unemployment claims are down. It seems the wizards in the administration can’t even fudge the numbers to support the spin.
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