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Did the feds hide bad economic news until after the election?

ElectionsUnemployment Benefits

In the weeks before the election there were reports of up to 375,000 people a week applying for first-time unemployment benefits, and that was touted as sign of improvement by the Labor Department. Meanwhile the Dow Jones industrial average was humming along.

But now, a week after the election, the Labor Department figures show that 437,000 people applied for first-time benefits and the Dow has dropped 700 points.

Were the feds hiding something until after the election?

Roscoe Ails, Joppa

Copyright © 2014, The Baltimore Sun
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