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The Bureau of Labor Statistics say the California jobs numbers arrived too late to be included. According to the LA Times the jobless rate in California on September 21, 2012 was 10.6%.
WASHINGTON -- The chairman of the Oversight and Government Reform Committee in the U.S. House of Representatives is considering an investigation into the U.S. Labor Department's estimation of the national unemployment rate, The Huffington Post has confirmed.
The jobless numbers are out and the media is reporting that it’s great news. The number of initial unemployment claims fell by a massive 30,0000 from last week’s upwardly revised number. But there is a catch, “one large state” did not report its numbers to the Labor Department
Only 49 of 50 states reported initial unemployment claims last week according to Labor Department economists. This has led to a predictable, yet wholly pathetic attempt by the media to say that unemployment claims have fallen to a new, four-year low even as it is suspected that the most populous state, California, didn’t report results.
Originally posted by funnychick
reply to post by elouina
SERIOUSLY?????_javascript:icon('')
Believing the crap that Rush "Limmerick-burg-bah" has to say is as ridiculous as screaming at a deaf person. He is notorious for throwing out loads of FALSE information for ratings. That man goes beyond overboard! He constantly berates all minorities and slanders ANYONE who has a different opinion than his. He is just another mega rich jerk that only cares about himself and his ratings.
The confusion appears to stem from the misinterpretation of an item published last week by Henry Blodget, the CEO and editor of Business Insider, a business and tech news website. He wrote a series of posts on Thursday about a surprisingly good report from BLS that initial jobless claims had dropped to 339,000 from 369,000 a week before. Early reporting indicated that the drop was mostly due to unexpectedly low numbers from a single, large state.
Later in the day, Mr. Blodget reported on an interview he had with an unnamed BLS analyst who said it appeared that California was the culprit and that it might not have processed all of its claims in time for the reporting deadline
Both the California labor department and BLS later said that wasn't true and that the state had reported all of its data, though California's numbers for the week were particularly good. (State officials credited a strengthening economy and unusually good weather, which may have delayed normal seasonal effects on employment patterns.)
Originally posted by funnychick
reply to post by elouina
SERIOUSLY?????_javascript:icon('')
Believing the crap that Rush "Limmerick-burg-bah" has to say is as ridiculous as screaming at a deaf person. He is notorious for throwing out loads of FALSE information for ratings. That man goes beyond overboard! He constantly berates all minorities and slanders ANYONE who has a different opinion than his. He is just another mega rich jerk that only cares about himself and his ratings.