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Cirrus Logic Inc. Message Board

  • kbononi kbononi Jan 25, 2013 11:44 PM Flag

    they are fudging the claims numbers big time

    google tom-blumer for the story

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    • Christopher Rugaber
      For Second Week in a Row, Press Says 'Jobless Claims Fall to 5-Year Low' as Actual Year-Over-Year Claims Rose
      By Tom Blumer | January 24, 2013 | 23:27
      A A

      For the second week in a row, actual (i.e., not seasonally adjusted) unemployment claims as reported by the Department of Labor came in greater than the analogous week in 2012.

      At the same time, and also for the second week in a row, the department's seasonally adjusted claims number -- the only one the business wire services ever specifically identify in their reports -- came in lower. In today's instance, raw year-over-year claims were almost 5 percent higher than the same week a year ago, but the year-over-year seasonally adjusted figure came in 11 percent lower. That's bad enough, but then the wires compounded the problem by running with indefensible conclusions based on DOL's contradictory data.

      newsbusters

 
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