Drive-By Media Can’t Spin Unemployment Numbers Anymore
So if you compare apples to apples, today’s unrevised number is actually up 2,000 from last week’s unrevised number. But this is another game that the Obama Labor Department, the Obama news media play week after week to give us an entirely false impression of the jobs market. But still, the shocking thing here is that the AP seems to be tired of playing the game. There’s no “unexpected.” There’s no “surprised.” There’s no any of the usual words that are found in these unemployment stories. Okay, that’s AP.
Here’s Bloomberg: “More Americans Than Projected Filed Jobless Claims Last Week — More Americans than forecast filed applications for unemployment benefits last week, a sign that the labor market is taking time to improve.” Well, what is that? Just a couple three weeks ago the labor market was booming when the number went down by three or four thousand. When it finally dipped blow 400,000 applications, why, we were back! We’d turned the corner. We had hit the wall and we were on the rebound. And now “US Unemployment Aid Requests Near Three-Month High,” and “More Americans Than Projected Filed Jobless Claims Last Week.”
And here’s Reuters: “Jobless Claims Stay Elevated as Labor Market Gains Stall.” Three consecutive Drive-By news stories on how bad the unemployment picture is.