Can We Trust The Improvement in Initial Jobless Claims?
January 05, 2011 at 13:21 PM EST
One of the major divergences in data recently has been between the SA initial claims and NSA initial claims. According the government’s doctored SA number, initial claims have fallen off a cliff, signaling a pick up in the job market. The number of new initial claims has declined from 438,000 to 388,000 in just 5 weeks. Generally, a sustained [...]
