Thursday, January 5, 2012

Jobs Claims Down?

Only if you are to believe the AP.



Weekly applications dropped by 15,000 to a seasonally adjusted 372,000 last week, the Labor Department said. That’s 11 percent lower than the same time last year and a positive sign ahead of Friday’s important read on December job growth.
This didn't get by the watchful eye of  Steve Gilbert.
In typical fashion the AP neglects to mention that the previous week’s new unemployment claims number was actually up by a whopping 21,000. In fact, that terrible news got practically no attention last week, since it was reported during the Christmas holidays.
Believe nothing coming from Obama's news outlets, NOTHING.

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