As soon as I saw the blaring headlines in the MSM about unemployment claims dropping to the lowest level since 2008, my bullshit meter went haywire. PLEASE click this link and look at the numbers for yourself. When you look at the REAL UNMANIPULATED numbers, claims DID NOT decline by 37,000. They went up by 2,360. Initial claims were 555,708. This is actually a 30,000 increase over last year during the same week and 65,000 higher than two weeks prior.
The chart below paints an even darker picture. The number of people claiming unemployment benefits went up by almost 400,000 during the last week in December.
Do any of these figures point to an improving employment picture? Do you believe anything the government or MSM reports? You shouldn’t.