• Prior 305K. Revised to 307k
  • 4 week average 305k vs 308k. Revised to 308.75k
  • Continued claims 2.925m vs 2.810m exp. Prior 2.823m. Revised to 2.821m
  • Federal furloughs will not show up in claims data says labour dept
  • No special factors in initial claims data
  • Jump in claims reflects California backlog
US initial jobless claims 03 10 2013

US initial jobless claims 03 10 2013

They make this shit up as they go along don’t they? Last week they said the California issue had been resolved and there were no skews in the numbers. Now they’re blaming Cali again. I give up.