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Surprise! Obama Cooks the Jobs Report – Why my-0-my California was NOT INCLUDED

October 11, 2012

Jobless Claims May Not Be as Good as Market Thinks Because Obama Hid California Data that Refuted His Claims

For the second time in a week, a government unemployment report is sowing confusion—and may not be as positive as the markets think. First it was last Friday’s August payrolls report, which showed an unexpectedly large drop in the unemployment rate, that spurred confusion. Now, a sharp drop in the pace of new jobless claims has also left people scratching their head

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. BUT, we come to find out they first tell us, well a state was left out that did not get their data in on time.

OOPS, that state was CALIFORNIA! HUGE state with HIGH unemployment claims. The drop of 30,000 last week had more to do with the lack of expected re-filings at the start of the fourth quarter than with any particular improvement in labor market conditions.

Misdirection, camouflage, lies, whatever – it is SICKENING! October surprise = Obama will lie EVEN MORE

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From → RANDOM

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