“US jobless claims fell sharply last week mainly due to technical problems that affected some states supplying data, the government said Thursday. Initial claims for unemployment benefits dived by 31,000 to 292,000 in the holiday-shortened week ending September 7, the Labor Department reported. The sharp drop in claims reflected technical problems in some states in collecting claims data, the official said. The drop was due to upgrading of computer systems in two states that resulted in fewer claims being processed, as well as the Labor Day holiday, analysts noted.”
http://www.rawstory.com/rs/2013/09/12/the-sharp-decline-in-u-s-unemployment-was-actually-a-glitch/
Related posts:
Army plans switch to ‘green’ bullets containing copper
Wyoming weed laws leave patients with difficult choice: suffer or risk imprisonment
Treasury Department: Legally-married same sex couples qualify to file joint taxes
Yellen tells graduates: Show grit like Ben Bernanke
Why It's So Hard For Scientists To Study Medical Marijuana
US calls Assange 'enemy of state'
Security video shows Iowa cops beating mother in front of infant daughter
Gold Diverging From Fine Wine as Bullion Investors Lose Faith
Jack Lew’s “Extraordinary Measures” on Debt Just “Cooking the Books”
Wyoming lawmaker says to bring back the firing squad: It’s ‘cheapest’
European monitoring of civilians still far less than U.S., but growing
UK financial official: Monetize state debt when deflation risks persist
Plainclothes deputy in unmarked car pulls gun; 5 officers attack and tase brothers
Sheriff Defends Deputy Who Killed Tethered Dog
Russian Banks Experience Foreign Cash Crunch