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29 Sep 2011 10:32

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Biz: Jobless claims fall to super-low level … but there’s a catch

  • good news Weekly jobless claims reached their lowest level in nearly six months, which seems like it’s a cause to celebrate, especially since it greatly beat analysts’ estimates. On the surface, it seems like a cause for dancing in the streets, folks.
  • catch However … the Labor Department claims that report is off because of some sort of weird anomaly regarding the calendar, making it harder to seasonally-adjust the numbers. So, things are still crappy for the workforce. source