s skippy the bush kangaroo

skippy the bush kangaroo

Wednesday, December 31, 2003

merry christmas, get in unemployment line

dave johnson, of seeing the forest, finds a discrepancy between the spin from the administration and reality (what? discrepancy between awol and reality? get out!)

the spin: yahoo reports that the seasonally adjusted initial unemployment claims for last week dropped to the lowest in three years, yet more proof that prosperity is right around the cor- er, sorry, we mean, more proof that the recovery" is "under way.

but dave doesn't stop at yahoo. (who does?) he actually gets the release from the department of labor employment and training administration, which states that

the advance number for seasonally adjusted insured unemployment during the week ending dec. 20 was 3,315,000, an increase of 81,000 from the preceding week's revised level of 3,234,000.
[ed. note: use of bold key ours]

nobody seems to know how the dol decides to "seasonally adjust" the unemployment figures, but we've got a hunch it involves fibbing until awol looks good.
posted by skippy at 10:16 AM |


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