Wednesday, May 2, 2012

Initial Weekly Unemployment Claims vs Revised Claims

Every week that the Department of Labor publishes the new unemployment claims for the week it seems that the previous weeks number has been "unexpectedly" revised upward. In fact, 64 of the last 68 weeks have seen upward revisions. For those of you who are more visually inclined here is a handy chart I made that includes the official DoL numbers going back to January 1, 2011.

For a larger version click here.

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