Initial Jobless claims 208k today

US government agencies are incredibly lazy with their bullshite statistics. A good bullshitter will at least throw in some variance.

The USDA will do “forecasts” where they keep some numbers exactly the same for like ten years. Not very helpful.

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This is statisically impossible

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No it’s not, and you’re the one making up numbers. It was 5/6 weeks at 212k, and that was only the seasonally adjusted numbers. The state by state variation and the non-seasonally adjusted numbers were much different.

Also, the last time a similar streak happened was under Trump, but I don’t recall the claims of BLS making things up back then.

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inflation is definitely under control

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*transitory

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How am I making up number

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Your OP was false. It wasn’t 6 straight weeks of the same number and you also had the number wrong.

Seems pretty obvious you made it up.

Im sorry it was 212k not 215k. Cry all you want. You even bring up Trump

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The last 13 weeks of initial unemployment claims. It finally moved off 212k, but barely. Again, we are a $30 trillion economy with over 160 million workers. Unemployment insurance is a state program, meaning there are 50 states with 50 rules, 50 different ways to sign up, and 50 websites. Filling out these forms takes work. That alone should give a variability of more than a thousand or two a week. Unemployment insurance is highly seasonal; little things like a holiday on the week make a difference (see around Feb 16, President's Day, and March 29, Easter). Yet, given all this, these numbers barely move. I'm not accusing anyone of anything. Rather I would like someone from the BLS (who collects the data, seasonally adjusts it, and releases it) to offer an explanation for the lack of volatility.

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And it wasn’t 6 straight weeks

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Yeah it was like 11 weeks

K

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And I just went through the 4 years of Trump, and I'm not seeing any 6 week times that look similar to that .

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7/15/17-8/19/17

245k
249k
245k
254k
245k
245k

Also had a 245k on 6/10. 4 of 6 weeks were the same, and the next week was 247k, a 2k difference.

ETA- the culprit in both cases is the extreme smoothing that seasonality factors create. The raw numbers are as volatile as you’d expect them, but seasonality is designed to smooth things out the same way levelized utility billing does.

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According to slackster it is cause Trump

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You’ve proven multiple times on this board that your ability to reason and/or think critically is nil, so I’m not terribly surprised you’re having such a hard time with this one.