LOL What a joke,,,,,,,,,,,
Submitted by Tyler Durden on 06/28/2012 - 08:45 Gross Domestic Product Personal Consumption Unemployment Unemployment Benefits
Two data points out today: the first was Initial Claims which did precisely as expected: it improved even as it deteriorated: why - the media headline will blast: "Initial Claims Decline by 6K" because last week's number of 387K was just revised to 392K. Ironically, enough, this was just as at least we expected. From 8:27 am.
Last week's Initial Claims number of 387K will be revised to at least 390K in 3 minutes
— zerohedge (@zerohedge) June 28, 2012
That what actually happened was a miss of baseline expectations, in that claims would drop to 385K is irrelevant. Just as it is irrelevant that next week, today's 386K number will be revised to 390K. And the media manipulation song and dance revisions will continue. More importantly, and continuing the 99 week cliff issue, 60,000 people dropped off initial and extended claims in the past week. In other words, 1.260 million people have fallen off extended benfits in the past year: people who no longer collect any form of unemployment benefits. Surely they have all "found jobs."
I just got shot down on ANOTHER job yesterday. I don't know what it is going to take to get a friggin job. I am physically sick today over this. Employers want the best for the least. There is always someone that is a better bullchitter than me LOL
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http://www.zerohedge.com/news/final-gdp-revision-comes-line-claims-continue-improving-even-they-continue-deteriorating
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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