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Jobless claims unexpectedly rise last week (up to 380,000)
http://www.baltimoresun.com/business/sns-rt-us-jobless-claims-unexpectedly-rise-last-weebre83b-20120412,0,7644127.story ^

Posted on 04/12/2012 5:51:00 AM PDT by sunmars

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To: PA Engineer

“All the breathless network announcers gushing over the wonderful job numbers. Within two weeks we have the “unexpected” revised job numbers.”

The real unemployement numbers are so high it cannot be concealed by those that control the media; too many people can see it with their own eyes, with friends, family, etc.

If the election were held today Obama would be soundly defeated; “polls” cannot hide the frustration of the American voters with the affirmative action clown who won’t even admit there is anything wrong


61 posted on 04/12/2012 4:03:59 PM PDT by kearnyirish2
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To: kearnyirish2

FDR kept a lousy economy and kept getting reelected. Obama’s loss is not a lock.

I believe the media was in the tank then, just as today, for the liberals. They wield enormous power, and with Fox News promoting their brand of progressivism, but still progressivism, their Romney campaign will be drowned by Hollywood, entertainment, big news, and sports.

Romney will lose because he has nothing to differentiate himself from Obama. Their records are basically the same. Any angle he tries Obama can say “He did the same.”


62 posted on 04/12/2012 4:17:00 PM PDT by xzins (Retired Army Chaplain and Proud of It! Pray Continued Victory for our Troops Still in Afghan!)
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To: xzins

“Romney will lose because he has nothing to differentiate himself from Obama.”

Obama is a known failure; Romney’s performance as president is anybody’s guess. I would have preferred other candidates, but certainly can’t stomach the idea of 4 more years of Obama.


63 posted on 04/12/2012 5:02:26 PM PDT by kearnyirish2
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To: kearnyirish2

wont matter if he can’t win


64 posted on 04/12/2012 5:12:25 PM PDT by xzins (Retired Army Chaplain and Proud of It! Pray Continued Victory for our Troops Still in Afghan!)
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To: Perdogg

[unexpectedly...everyone drink.]

I was a teetotaler until the unexpected rule. Now my liver is shot.


65 posted on 04/12/2012 7:37:37 PM PDT by DaxtonBrown (http://www.futurnamics.com/reid.php)
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To: ThunderSleeps

Pass the Victory Gin, comrade Smith. And down with Eastasia!


66 posted on 04/12/2012 10:42:43 PM PDT by sthguard (The DNC theme song: "All You Need is Guv")
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To: sunmars

And let’s not overlook the revised figures for the previous week.

It’s disgusting and farcical how they fabricate a number (350,000) that is “unexpectedly” lower. That pumps the markets. The next week, the revise that number (360,000) and the new number (349,000) they then count as 11K under the previous (which they understate as having been revised). So if you took the original numbers, there would only be a 1K drop week-over-week, but they get the 11K number for yet another pump.

They continue this ad absurdum for a minimum of a 50 point rise in the DJIA.

Then, they get an “unexpectedly” high number like this week. Is there similarly a 50-point sell-off? Nope. They get a triple digit rise in the DJIA.

If you are in this market and think you are making money and all that profit is in the numbers, you really ought to consider cashing out a chunk of those profits. This market is rigged and only TPTB know when it will crash.


67 posted on 04/13/2012 7:32:38 AM PDT by Ghost of Philip Marlowe (Prepare for survival. (Ron Paul is the Lyndon Larouche of the 21st century.))
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To: Old Retired Army Guy
Last weeks got revised up 10,000.

Which means claims increased 23,000, not the 13,000 apples to oranges comparison they used. "Seasonably adjusted" means it's all fake. I hate the leftist media. If Republican-lite Mittens wins the script gets reversed.

68 posted on 04/13/2012 8:25:30 AM PDT by Reeses
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To: Abathar
"Unexpected.


69 posted on 04/13/2012 10:49:32 AM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: sunmars

Surprise!

70 posted on 04/13/2012 3:26:20 PM PDT by P.O.E. (Pray for America)
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To: dearolddad
Unemployment Insurance Weekly Claims Report (Seasonally Adjusted) taken from US Dept of Labor - Office of Public Affairs - Employment and Training Administration Press Release

Date New Claims Advance Figure Prior Week Revised Figure Reported Decrease (Increase) Incr. in Advance Figure Actual Decrease (Increase)
1/12 399,000 375,000 (24,000) (3,000) (27,000)
1/19 352,000 402,000 50,000 (3,000) 46,000
1/26 377,000 356,000 (21,000) (4,000) (23,000)
2/2 367,000 379,000 12,000 (2,000) 6,000
2/9 358,000 373,000 15,000 (6,000) 12,000
2/16 348,000 361,000 13,000 (3,000) 10,000
2/23 351,000 351,000 0 (3,000) (2,000)
3/1 351,000 353,000 2,000 (2,000) (1,000)
3/8 362,000 354,000 (8,000) (3,000) (11,000)
3/15 351,000 365,000 14,000 (3,000) 12,000
3/22 348,000 353,000 5,000 (2,000) (11,000)
3/29 359,000 364,000 5,000 (16,000) 1,000
4/5 357,000 363,000 6,000 (4,000) (4,000)
4/12 380,000 367,000 (13,000) (10,000)

The link to the website of the archives of the Press Releases is here. I know my html skills aren't great, but at least you get the idea.

In EVERY case they have adjusted the number of filings up. When I first started looking into this I thought that since the adjustment was typically around 1%, it would probably not be deemed "material". But take a look at how it affects the direction of the new claims reported. Since Jan 12th, they have reported an increase in filings only FOUR times. In reality, they have had an increase in filings in Eight of the Fourteen reports I have cited. In addition, their revisions in the past three reports are significantly in excess of prior revisions. Do I smell fear among the ranks?

71 posted on 04/14/2012 9:05:13 AM PDT by illinifan
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To: JPG
How many times does something have to happen before it is no longer unexpected?

As long as a Democrat is in office.

72 posted on 04/14/2012 10:24:29 PM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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