Thursday, May 3, 2012

Updated Unemployment Revision numbers for the entire Obama Presidency

An updated version of my most recent chart comparing the initial weekly unemployment claims vs the revisions put out by Obama's Department of Labor.

I found some interesting information while I was compiling this data. For instance, 5 of the 14 downward revisions came during a 2 month period from November 2009 to January 2010 and there hasn't been a downward revision since February 19, 2011. That means during Obama's time as President there has been an upward revision 88.2% of the time.

How does that compare to Bush? Well, in his last 55 weeks in office there were 8 downward revisions and 6 spot on estimates for an upward revision 74.5% of the time.

For a larger version click the images.

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