[AppyPappy]

Last week, the story was different. Unemployment claims rose last week.

http://www.cnbc.com/id/49285445

[hcmama]

One report said "there have been several mid-year revisions." LOL!! So only 114,000 jobs added, but the nomber of unemployed fell by over 450,000? Where did those 350,000 people go.

This is Orwellian. The road to banana republic status starts with corruption like this.

[Wyatt's Torch]

Once again you cannot directly correlate the two. Tens of thousands of people are hired and fired every week. Those fired show up in the initial claims data. In fact the average Initial Claims number since 1967 is 363K. The key to the unemployment number is the Household Survey (not the +114K but the +873K) which is a net number (hirings - firings).