Jobless Claims Deception

The deceptive nature of jobless claims reports. — Explanation of how unemployment numbers can be misleading.

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Full Transcript

And so you go off the jobless claim roll And so you know you’re just like you have no unemployment anymore You don’t count towards that number any longer So you can’t always rely on that jobless claims number But one of the things I did see I think the other day that for the past two or three months that they have revised the jobless claims up Where we got kind of used to seeing revised jobless claims down Are you seeing the same thing You know I don’t have that right in my head But I think I think you might be right because I.