Which State Distorted Jobless Claims Data

Wall Street Journal ^ | 10/11/2012 | Sarah Portlock

[bjc]

“One omission by one state–you wouldn’t think it would be a big deal, but in this case it drove the number down by 10%,” said analyst Stephen Stanley with Pierpont Securities.

Economists are speculating the state could be California, the most populous state in the nation.

“It was likely a state with a large population and we suspect that it was California based on the occasional massive swings that have occurred in its claims data in the past,” said Daniel Silver, an economist with JPMorgan, in a note.

“In short, this reading is worthless in terms of informing on the general economy,” Mr. Stanley wrote in a research note.

[bjc]

A quick look at the Californbia data shows that (a) no September data has been posted for California and (b) based on past 12 years in California the September number should be 66,000 new unemployment claims suggesting that the magic number of 400,000 new claims may have been breeched. If one was a cynic, one might suspect the delay was not an accident.

[cuban leaf]

...I still think Chick-fil-A Appreciation Day was a good sign of what’s coming Obama’s way November 6th.

---

If that is true, this election will be more of a rout than I thought. And I’m pretty confident the truth will come out before the election.

[cripplecreek]

California would be my number 1 suspect.

[muir_redwoods]

I was unwilling to accept the conspiracy Jack Welch voiced last week about unemployment. I didn’t want to believe the left was that crude in their methods. This latest trick, counting only 49 states and leaving out California (with the no doubt huge impact of the petroleum price explosion), shows the left to be crude and desperate. Now everyone can see that.

[Eric in the Ozarks]

The census was politicized.
Why the surprise on jobs numbers ?

[cherry]

big govt and big media and big business....when they connive for a purpose there is very little we mere peasants can do....

just get off the grid when you can I guess...stop feeding the monster....

[Randy Larsen]

I would guess California too. Dems here will do ANYTHING to win!

[kenmcg]

Real convenient! Chi=town thug politics at its best

[LibLieSlayer]

It has been confirmed by Fox and Rush... and me.

LLS

[fhayek]

Only 49 states reported? What happened to the other 8?

[muir_redwoods]

I don’t know but it wasn’t Guam. Guam capsized.