Making It Up

The US Labor Department released unemployment figures this morning that beat expecations.

The figures released, though, were just made up. Nine states, including California, did not report numbers due to the Labor Day holiday.

From Bloomberg,

For the latest reporting week, nine states didn’t file claims data to the Labor Department in Washington because of the federal holiday earlier this week, a Labor Department official told reporters. As a result, California and Virginia estimated their figures and the U.S. government estimated the other seven, the official said.

If you’re just making up the numbers anyway, beating expectations is easy. “I expected to say ‘2’ but I suprised myself by saying ‘3’!”