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22,000 additional jobless claims filed in last 2 weeks of 2012-Reuters

January 3, 2013

Jobless claims for prior week (12/23) were ‘revised up 12,000’ from initial report. Add that to 10,000 new claims filed week ending  12/29 and you have 22,000 new claims. The 12,000 revision number in the original Reuters Jan. 3 report has been removed from many later versions. I was lucky to find one source (Chicago Tribune) that hadn’t yet altered the text to favor Obama.

1/3/12, “Instant View: Private sector added 215,000 jobs in December,” Reuters, via Chicago Tribune

The number of Americans filing new claims for unemployment benefits rose last week, (w/e 12/29) but the data continues to be too distorted by the holidays to offer a clear read of labor market conditions.

Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 372,000, the Labor Department said on Thursday.

The prior week’s figure was revised to show 12,000 more applications than previously reported.

Claims data reported for the week ended December 22 had been

artificially depressed by the holidays,

which resulted in data for 19 states being estimated.”…via Free Republic


ADP: Dec. 2012 Manufacturing lost 11,000 jobs


Ed. note: On ‘private sector’ jobs added, article doesn’t say how many were part time or temporary. Unless that data is included the number doesn’t mean much:

6/02/12, “America’s Transition To A Part-Time Worker Society Accelerates As Part-Time Jobs Hit Record,” Zero Hedge

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