Data Massaging Continues: Initial Claims Tumble To 339K

By
October 11, 2012

This is just getting stupid. After expectations of a rebound in initial claims from 367K last week (naturally revised higher to 369K), to 370K (with the lowest of all sellside expectations at 355K), the past week mysteriously, yet so very unsurprisingly in the aftermath of the fudged BLS unemployment number, saw claims tumble to a number that is so ridiculous not even CNBC’s Steve Liesman bothered defending it, or 339K. via  ZeroHedge.

Comments:
  1. crosspatch says:
    October 11, 2012 at 12:33 pm

    Looks like this might be what happened:

    http://www.businessinsider.com/what-happened-with-jobless-claims-2012-10

    [ Reply to this Comment ]
  2. Chipperoo says:
    October 11, 2012 at 5:27 pm

    Right you are crosspatch.

    [ Reply to this Comment ]
  3. Ragspierre says:
    October 11, 2012 at 5:38 pm

    Yeah. That missing date from the 8th largest economy in the world…?

    nothing to see here.

    [ Reply to this Comment ]