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If It's Thursday... We Have Revised Jobless Numbers 

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Thu, 31 May 12 11:06 PM | 48 view(s)
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If It's Thursday... We Have Revised Jobless Numbers


May 31, 2012

RUSH: We've got new unemployment news, by the way. It's Thursday, and what does that mean? It means that we have a revised figure from last week. "New claims for unemployment benefits rose last week for the fourth straight week, which could heighten concerns the labor market recovery is softening."

This is Reuters, and they're worried. Reuters is very concerned. This was not the "trend." Remember last week and two weeks ago, when they were telling us that the unemployment claims (the new claims for unemployment insurance) were steady? They were maybe dropping a thousand or two, and they said, "The number doesn't really matter. It's the trend. It's the direction. It is the trajectory. It's the momentum." Well, for that to mean anything, the trend, the trajectory, the momentum better continue down.

And now it hasn't.

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More: http://www.rushlimbaugh.com/daily/2012/05/31/if_it_s_thursday_we_have_revised_jobless_numbers




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