We are being old that unemployment dropped 0.4% with a total of 103,000 jobs. Let’s see now, that means that 0.1% would be 26,000 (rounded up). Then the remaining 9.4% could be totally solved by 94X26,000 which is 2,244,000 jobs. But the Department of Labor said about unemployment benefits:
“The total number of people claiming benefits in all programs for the week ending Dec. 18 was 8,765,952.”
Ok, who out there can convince me that there isn’t something fishy going on?
Oh, and before you say that the BLS numbers don’t cont those not looking for work, please note that anyone receiving benefits ha to certify that they are looking for work, so they should indeed be counted
Sources for the numbers: