Why Jobless Claims May Not Be as Good as Market Thinks

Discussion in 'Politics' started by Amazed, Oct 11, 2012.

  1. Amazed
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    Amazed BANNED

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    The Labor Department on Thursday said the number of people filing jobless claims last week dropped by a seasonally adjusted 30,000—a pretty sharp decline, and one that left the total number of filings at a four-year low of 339,000.


    As Dow Jones reported: “A Labor Department economist said one large state didn't report additional quarterly figures as expected, accounting for a substantial part of the decrease.”

    Another Jobs Report Prompts Head Scratching - US Business News - CNBC

    Hmmmmmm
     

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