Explain This …

Explain This… (ZeroHedge, Aug 6, 2015):

Initial jobless claims rose modestly this week but remain near 40 year lows as hoarding continues, and job cuts are at 4-year highs. So, we ask, just what is going on in this chart?

Charts: Bloomberg

1 thought on “Explain This …”

  1. My grandfather was a state senator and assemblyman for nearly 30 years until a bad auto accident ended his career in 1949. He always said (this isn’t original with him) that there are lies, damn lies and statistics.

    If one looks at the real job gains for last month, slightly over 200,000 that averages about 4000 per state……..that is no gain, with population growth, it averages the ongoing losses.


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