“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:
Senate approves Obama request to arm, train Syrian rebels
San Diego Mayor Bob Filner Urges ‘Jury Nullification’ In Medical Pot Dispensary Case
Wal-Mart sues Visa for $5 billion over card swipe fees
Trump considers nationalizing 5G mobile network to combat China
Vietnamese boat people return as entrepreneurs [2003]
FICO Recalibrates Its Credit Scores, Targeting Easier Credit
Is Bitcoin the Answer to the Digital Economy?
China and Russia Lay Foundation for Massive Economic Cooperation
'Mini Lisa': Georgia Tech researchers create world's tiniest da Vinci reproduction
Turks invent new form of ‘standing’ protest to get around ban on gatherings
Public Approval of Supreme Court Falls to All-Time Low
Bitcoins made simple: Go to an ATM
Switzerland among top three 'happiest countries'
Cleaners discover gold worth £1.17million inside plane's toilet
Exoskeleton firm foresees future of bionic enhancements for everyone