Unemployment claims drop when unemployment offices are closed for holidays.

[elehhhhna]

And less people ride the bus when it's not running.

BREAKING: Water is wet.

[intheflow]

1. Thanks.

It's always so refreshing to see reality-based content return to DU.

[Statistical]

10. Reality based content? Misinformation is more like it.

Initial claims (and virtually every other economic indicator) are seasonally adjusted.

This means the average for the last 30 years is factored in, to acts as a smoothing indicator.
Last time I checked the Holiday short week (between Christmas & New Years) has occured every single year in the last 30.

[rucky]

So if we closed the offices all the time

we could have 0% unemployment.

[rucky]

2. So if we closed the offices all the time

we could have 0% unemployment.

[ProSense]

3. Krugman:

The recent fall in unemployment claims bodes well for positive job growth; however, we’d really want to see numbers in the low 300s or below...

[defendandprotect]

15. GOP will soon be working on doing just that, I'm sure ... !!!

[DCKit]

4. You're a sick puppy Elena... I love it. nt

[itsrobert]

5. And critical surgeries are delayed so the Medical Staff can have a 4 day freakin weekend

and enjoy the holidays while people are suffering.

[Donnachaidh]

6. and the 388K putting in for firest time benefits are really happy that they are disappeared

By the propaganda propellers seeking to make a shitty continuing economy out as *not so bad*. And that doesn't even take into account the 99ers who were pretty much disappeared by this administration.

[quiller4]

7. The claims dropped sharply in the week before Christmas,

a week when unemployment offices were open on a regular schedule. The sharp drop in claims was unexpected. The week between Christmas and New Years is a short week and claims are expected to drop because there will be fewer filing days.

[DearAbby]

8. Offices arent open on SATURDAYS

Christmas = SATURDAY
New Years = SATURDAY

[dsc]

11. they get closed the Friday then

you still get your day off if you are a state worker.

[niyad]

12. christmas eve=friday (closed) new year's ever=friday (closed)

this county has the highest unemployment it has seen in a decade (regardless of what the local economic development cheerleaders and smoke-blowers are saying.)

[Statistical]

14. Christmas comes every year. Claims numbers are seasonally adjusted.

The doom & gloomers are pathetic.

[Statistical]

9. Initial claims and overall unemplpyed (U-3 to U-6) are sasonally adjusted.

Last time I check there were holidays last year, and the year before, and the year before, and the year before, and the year before ...

[EC]

13. They weren't closed

for the holidays...they worked the same hours as the rest of us...

[Name removed]

16. Deleted message

Message removed by moderator. Click here to review the message board rules.

[spanone]

17. good news is good news