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  1.    #1  
    CNN Money - Jobless Claims Drop Sharply
    Jobless claims fall by 43,000 in latest week - Feb. 11, 2010

    I love the world of semantics. I can frame any number I want in a positive light. For example, I tell my wife that I went to Vegas and lost 100,000 dollars, but it could have been 140,000 dollars, would she buy that as a good thing?

    There were 440,000 initial jobless claims filed in the week ended Feb. 6, down 43,000 from a revised 483,000 the previous week, the Labor Department said in a weekly report.
    Another gem....

    The government said 4,538,000 people filed continuing claims in the week ended Jan. 30, the most recent data available. That's down 79,000 from the preceding week's revised 4,617,000 claims.
    But wait, further down in the article is the reason...

    However, many economists say the decline in continuing claims reflects a growing number of filers who have dropped off the jobless rolls into extended unemployment benefits.
    It's not just CNN that does this, it's pervasive everywhere. Media types are not willing to show the problems as they are. This reminds me of the crap news we get out of China every time something blows up.

    For all the math wizards out there, if I have 10 apples and I subtract 6 and then add 4, do I have a net loss, or a net gain?

    Jobless Claims in U.S. Decrease More Than Anticipated (Update2) - BusinessWeek

    Jobless claims fall by biggest amount since July Economic Report - MarketWatch
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  2. #2  
    Journalistic malpractice? What about the presidential spokesidiot. A true communicator for all of us to compare ourselves to.

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