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Wiz Imp

(7,519 posts)

22. Trust me. The data is accurate.

Thu Sep 25, 2025, 02:44 PM

Thursday

This is one set of numbers that can't be fudged.

One perfectly legitimate reason for claims to be down is that fewer seasonal workers were hired for the summer season (which is almost certainly true due to the many negative impacts Trump inflicted on the economy). Now that we're at the end of that summer season, there are far fewer workers leaving their summer jobs, meaning there are far fewer people than normal filing unemployment claims.

A knee jerk reaction to say all the data is fake is stupid. There would be nothing to be gained really by faking these numbers. Not to mention, that if they were faking numbers, they'd make them look good. These numbers aren't particularly good. USDOL always publishes a 4-week moving average, because it's more representative of what's going on due to the volatility of the weekly numbers. The 4 week moving average has remained flat.

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Highlight:

Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness [View all] BumRushDaShow Thursday OP

KKR guy just said that without deportations & scares, unemployment would be around 5 percent. . . . nt Bernardo de La Paz Thursday #1

Looks like all the reasons for more rates cuts is gone UpInArms Thursday #2

Are we great enough yet? IronLionZion Thursday #3

Why should we believe these rzemanfl Thursday #4

We shouldn't. They are most likely BS. hadEnuf Thursday #5

That Canadian guy is gonna respond I'm sure wolfie001 Thursday #9

see post #10 Wiz Imp Thursday #13

The Unemployment Claims numbers are not calculated by the Federal Government Wiz Imp Thursday #10

I don't trust their math and won't/can't do it myself because some states don't report. rzemanfl Thursday #21

Trust me. The data is accurate. Wiz Imp Thursday #22

Not everything is a conspiracy Polybius Friday #25

Thanks wolfie001 Friday #23

Well, these numbers are for NEW CLAIMS TexasBushwhacker Friday #26

Correct. Wiz Imp Friday #27

Any statistics coming from this crowd are not believable Ritabert Thursday #6

see post #10 Wiz Imp Thursday #11

Unemployment claims are not the same as unemployment rate, or even a good proxy for progree Thursday #7

Your point is 100% correct Wiz Imp Thursday #17

Are we at the point of actually believing any economic data that comes out of the Trump administration? lees1975 Thursday #8

see post #10 Wiz Imp Thursday #12

I heard a cow flew over the moon last week, too relayerbob Thursday #14

see post #10 Wiz Imp Thursday #18

Suuuuuure. I believe whatever numbers these lying thugs put out. niyad Thursday #15

see post #10 Wiz Imp Thursday #19

Hiring has been weak so layoffs are lower too IbogaProject Thursday #16

Choose to believe any further reports at your peril. Buddyzbuddy Thursday #20

You can bet that every serious business person reading this news is taking it with an entire pound of salt truthisfreedom Friday #24

I do not believe anything that comes from this regime. sinkingfeeling Friday #28