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FBN’s Peter Barnes breaks down the revision from the Labor Department.
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It was the latest read on the jobs picture the numbers seem to be back to normal if you can call it that's.
306.
An odd thousand people filed first on jobless claims last week.
And we find -- -- -- those confusing numbers.
California.
Under reported at the beginning of October then corrected it last week resulting in an increase of 27000.
Alright Peter bonds joins us now.
Data does this revision by California.
Are you don't get confused via -- does it remove.
Be confusion and the -- trust surrounding government employment number.
I I think what it does is it court clears up what exactly happened piper reminds us that we need to be vigilant and always watch these reports.
And make sure that we stay on top of these numbers Stewart because it does turn out as you suggested.
That California.
Something was going on out there whether -- jobless claims at the end of at the end of September early October California as -- -- got a big fight with us and other news media organizations claiming that there are no problems out there and not all of a sudden and today's reports will.
Where we finally see.
This -- big pop in claims that appears to be related to delays in filing.
And that that California tonight was going not exactly executive at the big draw a couple of weeks ago I was moves so convenient.
For the president's reelection campaign now -- doesn't look for the debate just -- for correct -- Well don't -- -- I think you aren't part in striking this out we appreciate -- Kate's spirit that.
