Why You Can’t Trust The New Job-Loss Numbers
Clipped Fresh — By Christopher Spencer on July 9, 2009 at 2:04 PM
NPR: Why You Can’t Trust The New Job-Loss Numbers.
FROM THE ARTICLE: The Department of Labor released its weekly unemployment insurance claims report today, which says there were 565,000 new jobless claims the week ending July 4. But that’s not the actual number of jobless claims — it’s the seasonally adjusted number. Actual jobless claims for that week were 577,506.
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