Economists Surprised Again By Unemployment Claims, Should Not Have Been
Courtesy of Lee Adler of the Wall Street Examiner
The mainstream media proclaimed an unexpected "beat" of the first time unemployment claims number today. The fake, seasonally fudged number dropped to 358,000 in the week ended February 4. According to Bloomberg, the consensus of economists' expectations was for 370,000. Aside from the fact that whether economists get a forecast right or not seems to be completely
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