Funny Seasonal Adjustment Skews First Time Unemployment Claims

The Labor Department reported that in the week ending November 9 the advance figure for seasonally adjusted initial claims was 339,000, a decrease of 2,000 from the previous week’s revised figure of 341,000 (was 336,000).

Stocks Extended Relative to Declining Jobless Claims

Year To Year Drop In Jobless Claims Stays On Track at 7.4% But Stocks Are Still Extended In Relation by Lee Adler, The Wall Street Examiner The Labor Department reported that seasonally adjusted (SA) first time claims for unemployment fell by 9,000 to 363,000 from a revised 372,000 (previously 369,000) in the advance report for …

Initial Unemployment Claims: More Seasonal Adjustment Distortions

Beware The Initial Claims Data – It Might be A Statistical Mirage by Lee Adler, The Wall Street Examiner The Labor Department reported that seasonally adjusted (SA) first time claims for unemployment rose by 46,000 to 388,000 from a revised 342,000 (previously 339,000) in the advance report for the week ended October 13, 2012. The consensus …