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We've Gotten To The Bottom Of The Mysterious Jobless Claims Report!
businessinsider.com ^ | 10-11-12 | Henry Blodget

Posted on 10/11/2012 10:55:29 AM PDT by rawhide

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1 posted on 10/11/2012 10:55:35 AM PDT by rawhide
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To: rawhide
Well, the books are not "cooked".

...Just omitted one of the ingredients from the recipe....

Nothing like leaving out the sour data from one big state to sweeten the message.

2 posted on 10/11/2012 10:57:59 AM PDT by ptsal (E)
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To: rawhide
"This happens occasionally, our source says."

Yeah, like when their hero is getting his ass toasted in the polls. Also, some mistakes of omission are done on purpose. Color me SKEPTICAL AS HELL.

FUBO!

3 posted on 10/11/2012 11:00:41 AM PDT by Mich Patriot (PITCH BLACK is the new "transparent")
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To: rawhide
Assertions that "a large state" was excluded from the report are patently false.

Sure. Only most of a large state was left out.

4 posted on 10/11/2012 11:01:29 AM PDT by Yashcheritsiy (It's time to make Obama a minor footnote in the pages of history)
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To: rawhide

Lies, dang lies, and statistics. Normalize = fudge factor. Aka SWAG. Total bovine excrement.


5 posted on 10/11/2012 11:02:11 AM PDT by VRWC For Truth (Roberts has perverted the Constitution)
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To: ptsal

RE: ...Just omitted one of the ingredients from the recipe....

So, if the ingredients WERE INCLUDED in the recipe, what would the unemployment rate be?


6 posted on 10/11/2012 11:02:35 AM PDT by SeekAndFind
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To: rawhide

I truly hope that all these outright manipulations of the UE/jobs numbers once and for all expose the entire system for the pure rot that it is. Real UE is well northward of 17%, I would say it is around 20%, and millions are working part-time when they desperately need full time work.

If/when Romney is elected, I so so hope that the BS ends, although there will be a powerful block that once again will take the position of ‘untruth in the numbers’ simply because their side now is in power.


7 posted on 10/11/2012 11:02:41 AM PDT by Abiotic (The ship of democracy, which has weathered all storms, may sink through the mutiny of those on board)
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To: rawhide

Sooo...it’s not that the numbers were excluded by the BLS. It’s just that they were not included.

Got it.


8 posted on 10/11/2012 11:04:59 AM PDT by XenaLee (The only good commie is a dead commie.)
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To: ptsal

Translation: “We did NOT, I repeat NOT, exclude any data. We did however include the absence of certain data.”


9 posted on 10/11/2012 11:06:41 AM PDT by Publius Maximus (It was a nice Republic, while it lasted.)
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To: rawhide

The other thing, due to seasonal adjustments, these are usually adjusted down

If you kill a large ag state input like cali, you would further skew the data.


10 posted on 10/11/2012 11:06:45 AM PDT by dila813
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To: rawhide
Who goofed, I've got to know!
11 posted on 10/11/2012 11:06:53 AM PDT by Michael.SF. (Obama Lied, Stevens died.)
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To: rawhide

I read an article from conservative NRO that explained the 7.8 UE number was not a conspiracy but an “accounting fluke” that happens once out of 100 times.

Now these missing California numbers “happen occasionally”.

So both of these are flukes - one happening right after Obama’s bad debate, and the other on the morning of the VP debate.

Oooookkkkkk.....


12 posted on 10/11/2012 11:13:00 AM PDT by over3Owithabrain
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To: Mich Patriot
This happens occasionally? Okay, so, when was the last time this happened?
13 posted on 10/11/2012 11:15:43 AM PDT by LibertarianLiz
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To: rawhide

I see - there was not enough in federal stimulus coffers helping out the near-bankrupt state of Mexifornia; so we can blame the GOP in the House of Representatives for the bad data given to the BLS, I guess?? /sarc


14 posted on 10/11/2012 11:16:43 AM PDT by Wuli
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To: rawhide

One of the dirty secrets the report does not contain is the number of people rejected for unemploment insurance. States are seriously backlogged at getting claims processed so those in the backlog are not included in the report. The number of people that have failed to get their claims approved number in the hundreds of thousands. Colorado, for instance, is at least two months behind, and that’s the official and low number. So, if we were to include the number of people waiting to get their UI claims processed the number for the week would be at least 1000,000 higher.


15 posted on 10/11/2012 11:19:49 AM PDT by CodeToad (Padme: "So this is how liberty dies... with thunderous applause.")
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To: CodeToad

Well then, it appears Moonbeam laid off the unemployment counters.


16 posted on 10/11/2012 11:22:07 AM PDT by DAC21
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To: rawhide

Seems like bad news for Obama to me. Those numbers will inflate future reports closer to the election. How sad is that? /s


17 posted on 10/11/2012 11:29:23 AM PDT by CityCenter (It's too late, Obama yeah, it's too late.)
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To: ptsal
Well, the books are not "cooked".
...Just omitted one of the ingredients from the recipe....
Nothing like leaving out the sour data from one big state to sweeten the message.

I'm sure the 0bama regime thought they could get away with their little ruse, but it served it's purpose - those morons that support comrade 0bama believe the numbers.

18 posted on 10/11/2012 11:29:23 AM PDT by The Sons of Liberty ("Get that evil, foreign, muslim, usurping, gay bastard out of MY White House!" FUBO!)
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To: rawhide

Gee. If the bad grades I got in college “had not been reported,” I would have graduated on the dean’s list! Today’s system in which Fs are not counted is just some of the PC bullshit that makes most colleges worthless.


19 posted on 10/11/2012 11:30:42 AM PDT by pabianice (washington, dc ..)
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To: rawhide

Henry... you lie for satan... California DID NOT TURN IN A REPORT... PERIOD.

LLS


20 posted on 10/11/2012 11:32:02 AM PDT by LibLieSlayer (OUR GOVERNMENT AND PRESS ARE NO LONGER TRUSTWORTHY OR DESERVING OF RESPECT!)
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