Friday, June 15, 2012

It’s Jobless Number Revision Thursday! | Conservative Byte

It’s Jobless Number Revision Thursday! | Conservative Byte: "“Initial claims for state unemployment benefits increased 6,000 to a seasonally adjusted 386,000, the Labor Department said. The prior week’s figure was revised up to 380,000 from the previously reported 377,000.” So in reality, if you run the numbers out, the claim is up 9,000 from last week’s report. For the record, this latest revision means that the weekly jobless claims number, as Jeff here said, has now been revised up 21 weeks in a row — and 66 out of the last 67 weeks. Unexpectedly rose. Unexpectedly!"

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