16 above ten…
10 states above eleven percent … and Michigan, at 15.4 percent unemployment, is now the first state to ever have higher unemployment than Puerto Rico. (At least since 1989 – Our chart only goes back that far)
While you are digesting the horrid figures above, consider the case of Arkansas, where the chief economist of the state thinks something is fishy about BLS reported unemployment figures for his state:
LITTLE ROCK — Arkansas’ unemployment rate last month was 7 percent, a significantly lower figure than the national rate of 9.4 percent and a statistic that on its face suggests the effects of the recession have been less severe in Arkansas than in much of the country.
Arkansas’ chief economist isn’t so sure.
“I think there is a technical problem with the indicator for Arkansas,” said John Shelnutt, administrator for economic analysis and tax research at the state Department of Finance and Administration. “That problem is causing (the reported unemployment rate) to be low compared to the nation and most of the region.”
You might also factor in another misleading report of declines in jobless claims, which, owing to Washington’s manipulation, showed 47,000 fewer people applying for unemployment, when, in fact, 86,000 more applied:
The Labor Department said new applications for unemployment insurance dropped by a seasonally adjusted 47,000 to 522,000, the lowest level since early January. Economists polled by Thomson Reuters expected claims to rise to around 575,000.
A department analyst said the drop in new claims didn’t point to improvements in economic conditions. The second straight weekly decline reflected problems adjusting layoffs for temporary shutdowns at General Motors and Chrysler plants to retool for new models.
The unadjusted figures actually showed that new claims rose by 86,389 last week, which would push the total to 667,534.
The department’s seasonal adjustment process expected a large increase in claims from auto workers and some other manufacturers, the analyst said. Since that didn’t happen, seasonally-adjusted claims fell.
Those adjustment difficulties also were behind a big drop reported for people continuing to draw unemployment benefits, the analyst said.
The number of people still collecting benefits fell by a seasonally adjusted 642,000 to 6.27 million, the lowest level since mid-April.
The unadjusted figures for continued claims showed an increase of 63,714. That data lags initial claims by a week.
Why Washington would be adjusting a hard number like how many people actually APPLIED for unemployment insurance is likely one question you are asking yourself right now.
When we figure out the answer, we’ll post it.
Oh yeah, we found the answer: They just lie – all the time, about everything…
Somewhere in Washington – right now as this is being typed – there is a Washington bureaucrat lying about something or other.