imaginary family values presents
a blog that reclines to the left
According to the preliminary figures from the Department of Labor, there were fewer initial unemployment claims last week than there were the week before. Of course, the corrected new-claims number for the week before last is higher than the preliminary new-claims number for that week. And last week, we were told that the preliminary new-claims number for three weeks ago was too low, and it, too, was corrected upward. Got that? No? Maybe Wampum can explain it better than I can. Or you can go back to Billmon’s observations regarding a similar correction of a different employment statistic, three weeks ago.