Why Jobless Claims May Not Be as Good as Market Thinks

Amazed

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Aug 31, 2009
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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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