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Re: lentinman post# 45496

Sunday, 06/04/2006 1:42:52 AM

Sunday, June 04, 2006 1:42:52 AM

Post# of 174024
OT: Unemployment, as I recall from my long ago accounting days.... on a very random basis my clients would receive a government form to report the employment statistics of the company. These reports were usually given the lowest priority and if we did return them for our clients they were usually estimates of what might have actually happened. They were so NOT real time it was ridiculous. I never have put much faith in the unemployment numbers, nor the revisions. Employer unemployment reports to the States were always done quarterly and with a 15-30 lag time, they were not much help either.

Signatures are so yesterday!

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