[ScottinVA]

Something sounds fishy. Unemployment drops when we lose jobs.

I think it's based on unemployment claims status. A lot of folks dropped off the rolls after Wednesday when the last round of extended unemployment payments dried up.

[Rennes Templar]

“A lot of folks dropped off the rolls after Wednesday when the last round of extended unemployment payments dried up.’

So if you’re not on the roll but unemployeed it doesn’t count. We could have 20% unemployeed but 11% aren’t on the rolls.

Reminds of the old Holiday weekend road fatality counts. I used to tell my friends if you going to have an accident do it on a holiday or it won’t count.