![](\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/ObamaUnemployment585.jpg\"\/)
RUSH: You remember last week — you may not, but I do. And I\u2019m here to tell you and to remind you. Last week there were headlines trumpeting that jobless claims were down 1,000 and the unemployment rate fell from 8.2 to 8.1%. They were honest and said it\u2019s not because new jobs are being created; it\u2019s because people are leaving the workforce and there\u2019s a smaller universe of people working and jobs available against which to compare the unemployed and get your percentage. Jobless claims down 1,000. Big news. The trend continues. But like always, it turns out to have been untrue. The fact of the matter is those claims had to be revised upward. <\/p>\n
Last week\u2019s AP headline: “US applications for unemployment aid dipped to 367,000.” Reuters: “Jobless claims fall, trade gap widens.” So essentially we had a net increase of 2,000 claims for unemployment. They said we were down a thousand; they had to revise it up three, so we had a net increase of 2,000 new claims for unemployment, new people signing up for unemployment, 2,000 new people. From one week to the next, a lie, totally exposed. So there was no good news last week. And remember how everybody reacted to it last week. It went both ways. Those who wanted to be happy that the number went from 8.2 to 8.1 were, but then cold water was thrown on that. It had to be reported that the number went down because there are fewer people in the labor force, not because any jobs were being created. <\/p>\n
The AP story today: “US unemployment aid applications stay at 370,000.” No, no, no. No, AP is lying. Last week\u2019s AP report had \u2019em at 367,000. For AP to be honest with their original reporting, this headline would say: “US unemployment aid applications increase by 2,000.” “The number of people seeking unemployment benefits unchanged last week, suggesting steady gains in the job market.” It suggests no such thing. That\u2019s an out-and-out lie. The number of people seeking unemployment benefits was unchanged last week, suggesting steady gains in the job market? Steady gains? The applications for unemployment insurance went up last week, not down. And it wasn\u2019t just last week. The numbers have been revised up 17 weeks in a row. They had been revised up 62 out of the last 63 weeks. That\u2019s how you know it\u2019s Thursday. Unemployment claims will be revised upwards.<\/p>\n","protected":false},"excerpt":{"rendered":"
RUSH: You remember last week — you may not, but I do. And I\u2019m here to tell you and to remind you. Last week there were headlines trumpeting that jobless claims were down 1,000 and the unemployment rate fell from 8.2 to 8.1%. They were honest and said it\u2019s not because new jobs are being […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"\n