The news is blaring “Jobless Claims in U.S. Decrease Last Week to Three-Year Low” non stop. “Jobless claims dropped by 19,000 to 366,000 in the week ended Dec. 10, the fewest since May 2008, Labor Department figures showed today in Washington.” What are they failing to point out? “The continuing claims figure does not include the number of Americans receiving extended benefits under federal programs. Those who’ve used up their traditional benefits and are now collecting emergency and extended payments jumped by about 332,200 to 3.64 million in the week ended Nov. 26.” +19,000 -332,200 is a very large negative number. Obama is fudging the math in a desperate attempt to make himself look better. The headlines are a lie, the result is still negative.
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