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