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).

Apparently Boffo Jobless Claims Really Were Good, And Right On Trend

by Lee Adler, Wall Street Examiner This report is an excerpt from the Permanent Employment Charts page, where you can find more charts on the claims data and various other employment measures. The Labor Department reported that the seasonally adjusted (SA) representation of first time claims for unemployment fell  by 37,000 to 335,000 from a revised …

First Time Unemployment Claims Down 9% Year-Over-Year

by Lee Adler, The Wall Street Examiner The Labor Department reported that seasonally adjusted (SA) first time claims for unemployment rose by 4,000 to 367,000 from a revised 363,000, in the advance report for the week ended September 29. The consensus estimate of 365,000 was as close as they come. This was neither a beat or …

Unemployment Claims Drop to Lowest Level Since 2007

Seasonally Adjusted Data is Wrong Again, Actual Jobless Claims Drop to Lowest Level Since 2007 by Lee Adler, The Wall Street Examiner The Labor Department reported that seasonally adjusted (SA) first time claims for unemployment rose by 15,000 to 382,000 in the advance report for the week ended September 8. The consensus estimate of economists …