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What are the really labor statistic numbers?

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posted on Dec, 9 2010 @ 08:01 AM
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I looked at the press release from the Department of Labor for 12/9.

12/09 labor release

When you scroll down and look at the non seasonally adjusted numbers it shows initial claims at 582,007 and the seasonally adjusted numbers at 421,000. I know they use season adjustments as a way to smooth out big differences week to week.
I looked at the last week numbers and a big difference in the amount that was seasonally adjusted.

11/24 labor release

It appears to me that it is adjusted to the point that makes it fall in line with the consensus on wall street. My question is if anyone knows how this number is generated. Is there a formula?




posted on Dec, 9 2010 @ 08:20 AM
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Heres a link to the Labor stats from January 2009 to present. The last column shows the number of people Who they consider to be employable. Every month due to population increases the number should go up 100,000. It has actually gone down 8,041,253 poeple. It should have went up 1,900,000 people. What happenned to these people?
you have to enter the dates for the link to work

Labor stats Jan 09 - present
edit on 9-12-2010 by jlafleur02 because: you have to enter the dates for the link to work



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