Unemployment claims up, unemployment rate down … huh?

Here’s some more conflicting data for you.

The BLS has been reporting unemployment claims pretty level for the year … but increasing lately.

Defying gravity (and logic), the unemployment rate has going down … an inverse relationship.

Hmmm.

Magic?

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One Response to “Unemployment claims up, unemployment rate down … huh?”

  1. mpavey0's avatar mpavey0 Says:

    Very interesting. Presumably this is not impossible if you believe that the number of existing unemployed people getting jobs is outpacing the number of newly unemployed people?

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