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Home Publications Blogs Beat the Press What If Unemployment Claims Jumped and Nobody Noticed?

What If Unemployment Claims Jumped and Nobody Noticed?

Friday, 28 January 2011 08:08
Then you're probably reading the NYT or Washington Post. Weekly claims jumped to 454,000 last week, well above the average of the last two months, which had been around 420,000. This is an erratic number and it could have been due to weather-related factors, but this is still a data point worth some attention.
Comments (2)Add Comment
Silly person, the sign makes the slope significant
written by marc sobel, January 28, 2011 4:23
Anyone who studies calculus like Glenn Beck does, knows that when employment goes up by a value within the margin of error, it's significant and when it goes down by less than 5 times that amount it's rounding errors
Ruckus Mamager
written by dean marshall, January 29, 2011 11:00
Hard to believe there are still burger flippers, paper pushers and keyboard huggers to be laid off. Whose next, Walmart greeters?

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About Beat the Press

Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, his latest being The End of Loser Liberalism: Making Markets Progressive. Read more about Dean.