Jobless claims up...unemployment rate now 0%...

[billc]

Yeah, California forgot to submit their jobless claims for the jobs report right after the debate...or something. Not surprised. Not surprised that now that they submitted their claims the jobless claims are higher...so this probably means the unemployment rate will now be 0% going into the election...:lfao:

http://www.breitbart.com/Big-Journalism/2012/10/18/Media-Suddenly-Muted-on-Jobless-Claims

[h=2]Last Thursday morning, the headlines on National Public Radio were jubilant. "Jobless Claims Drop To Lowest Level In More Than Four Years," they crowed. NPR's anchors repeated the news in their hourly and half-hourly updates. The sudden, seasonally-adjusted drop--from 369,000 to 339,000 new claims--was touted by NPR and the rest of the mainstream media as timely evidence of economic recovery under President Barack Obama.[/h]This week, jobless claims have soared to 388,000--a four-month high. NPR explained, correctly, that both changes were largely the result of the fact that California failed to process all of its jobless claims last week and therefore submitted an incomplete report that was rectified this week.

 

[WC_lun]

If you think those numbers have been jerry rigged, you and Donald Trump need to find a small place to talk about that and the birther issue. There is no plot. Why were you happy to use those numbers when they were higher, but when they go lower all the sudden they aren't valid? 7.8% is still not good. If you want to nitpick, do it on that basis, not this fantasy crap about the numbers were influenced unfairly someway.

 

[Makalakumu]

John Williams at Shadow Stats puts Americas real unemployment rate at around 20%.

 

[crushing]

If you think those numbers have been jerry rigged, you and Donald Trump need to find a small place to talk about that and the birther issue. There is no plot. Why were you happy to use those numbers when they were higher, but when they go lower all the sudden they aren't valid? 7.8% is still not good. If you want to nitpick, do it on that basis, not this fantasy crap about the numbers were influenced unfairly someway.

Wow! All that was said is that California failed to process all its claims. Suggesting the unemployment rate going to 0% while jobless claims continue to skyrocket was a bit of a joke. At least I took it that way.

Also to Makalakumu's point; the numbers are rigged. It's just that they are rigged the same independent of who has control of congress or the presidency.