Quote of the Day; December 10, 2011: History from the Hunnic Perspective!
Mark-My-Beliefs-to-Market Time: I Should Make This an Annual Observance

Department of 'Huh?!": Unemployment Numbers Edition

I must say I do not understand why every story about the Thursday unemployment insurance claims number this week does not begin and end with:

The size of and variation in the seasonal adjustment factor right now makes it impossible to read anything useful about the changing state of the business cycle off of the weekly unemployment insurance claims number.

Weekly new unemployment insurance claims, seasonally adjusted and not:

Economagic Economic Chart Dispenser

Economagic Economic Chart Dispenser 1