Leah Schnurr
Wires Trumpet Unemployment Claims As Tying '4-Year Low'; Historical Ch
March 15th, 2012 1:18 PM
The exercise of watching the press report on the current week's unemployment claims figure as if it's etched in stone and assessing it as if it's the last word -- only to see the figure get upwardly revised the next week virtually without media comment -- is getting extraordinarily tedious and predictable (but of course watching what they do remains necessary).
At the Associated Press,…