With nothing in the Labor Department's official press release to explain this sudden downturn in job losses, the Wall Street Journal had to chase down a Department of Labor's economist for the reason. The response they got was reported as follows:
"...a Labor economist said one "large" state didn't report additional quarterly figures as expected, accounting for a substantial part of the decrease."This is total dishonesty by, again, a Labor Department that seems to be manipulating the numbers in the President's favor. There wasn't a single comment, or footnote, or asterisk in their press release to make the above fact known. The Labor Department simply published the numbers as fact. As a result, we get unbridled headlines like "Jobless Claims Plunge" and the "Biggest Drop In 4-1/2 years". All benefiting Obama ahead of the election.
--- Labor Department Press Release: http://www.dol.gov/opa/media/press/eta/ui/current.htm#.UHbullFEbf0
--- Wall Street Journal Article: U.S. Jobless Claims Drop to 339,000: http://online.wsj.com/article/SB10000872396390444799904578050233117300440.html
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