Name:   Council Roc Doc - Subject:   BLS Date:   7/3/2013 10:08:23 AM

Hey GF, we were told to be happy about the July 3 BLS report because the numbers dropped 5K.  But compared to the previous weeks revised figures, we went UP about 30K?  Can you 'splain this?  BTW, hope you get to enjoy a global warming induced soggy 4th of July!

July 3, 2013:
In the week ending June 29, the advance figure for seasonally adjusted initial claims was 343,000, a decrease of 5,000 from the previous week's revised figure of 348,000.

June 28, 2013:
In the week ending June 23, the advance figure for seasonally adjusted initial claims was 313,000, a decrease of 13,000 from the previous week's revised figure of 326,000.

So, 313,000 - 343,000 = a decrease in unemployment of 5,000.

Or an increase in unemployment of 30,000.