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To: Calif Conservative

So, what you’re saying is: 400K people signed up for unemployment for the first time yet 403K found a job? (4 weeks X 3K = 12K increase in jobs - rounding involved)

Still don’t believe it.


98 posted on 04/01/2011 2:50:34 PM PDT by hattend (Obama got his 3am call about Egypt. The call went right to the answering machine.- Sarah Palin)
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To: hattend

Do you understand that the jobless claims and the non-farm payroll numbers are from two different surveys?

Plus, it’s apples and oranges in a second way:

The jobless claims are a GROSS number. It’s a grand total.

The non-farm payroll number is a NET number.

IOW, the non-farm payroll number (+216K, -175K, whatever it might be) is the DIFFERENCE — THE NET CHANGE — between the total non-farm payroll jobs in the prior month and the total non-farm payroll jobs in the current month.


112 posted on 04/07/2011 5:11:13 PM PDT by Calif Conservative
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