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To: facedown

“”Initial claims for state unemployment benefits dropped 14,000 to a seasonally adjusted 374,000, the Labor Department said. The four-week moving average for new claims, a better measure of labor market trends, fell 1,500 to 385,750”””

Good news!!!! ONLY 385,000 people lost a job EVERY WEEK.


18 posted on 07/05/2012 6:37:52 AM PDT by shelterguy
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To: shelterguy

Note the phrase “seasonally adjusted”. Lots of room for fudging there....


38 posted on 07/05/2012 9:13:04 AM PDT by expat2
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