OK, so
I tried to make sense of this intentional gobbledygook to see how obama writers are obfuscating reality
From last week (Bloomberg)
http://www.businessweek.com/news/2011-10-27/jobless-claims-in-u-s-decreased-2-000-last-week-to-402-000.html
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Oct. 27 (Bloomberg) — Fewer Americans filed applications for unemployment assistance last week, while those on benefit rolls dropped to a three-year low, signaling limited improvement in the labor market.
First-time jobless claims decreased by 2,000 to 402,000 in the week ended Oct. 22, Labor Department figures showed today in Washington. The median forecast of economists in a Bloomberg News survey called for a drop to 401,000. The number of people collecting unemployment benefits fell in the prior week by 96,000 to 3.65 million, the fewest since September 2008.
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OK, so this report TODAY indicates that last week’s report of “402,000” that was touted as “a drop of 2,000 from the previous week” was a LIE.
Now we see that last week’s figures were revised UPWARD to 405,600. So all the hype about last weak being a drop was a LIE
Anyone want to guess that next week, today’s figures will again be revised (unexpectedly) above 400K?
And Jaysus, this “400+K a week” is getting old. When is the last person in America going to file for first time unemployment?
Well as many here probably know, It’s a first time jobless claim every time you file after having a streach of employment.