Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Principled
upward revisions now 53 of 54 last weeks?

Does anyone have a chart showing the announced no's vs the revised (up/down) no's?

43 posted on 04/12/2012 7:35:38 AM PDT by dearolddad
[ Post Reply | Private Reply | To 38 | View Replies ]


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
[ Post Reply | Private Reply | To 43 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson