First-Quarter GDP, Part 2 of 3: AP Argues With Itself

April 28th, 2013 12:48 PM
On Friday, the government reported that the economy grew by an annualized 2.5 percent during the first quarter. As I noted in Part 1 (at NewsBusters; at BizzyBlog), three establishment press outlets (CNN, Bloomberg, and Reuters) pronounced the result "disappointing" -- but not Martin Crutsinger and Christopher Rugaber at the Associated Press, whose headline read "AFTER NEAR-STALL IN LATE 2012,…

First-Quarter GDP, Part 1 of 3: AP Argues With Others

April 28th, 2013 11:32 AM
On Friday, the government reported that the economy grew by an annualized 2.5 percent during the first quarter. The awful 0.4 percent result seen in the fourth quarter was largely sloughed off as caused by a number of one-time factors. Analysts convinced themselves that reported first-quarter growth would come in at 3.0 percent or slightly higher in Friday's release. Instead, we saw what Zero…

Meanwhile, Back in the Economy, the AP's Rugaber Spins Mediocre Jobles

April 21st, 2013 5:53 PM
On April 4, the Associated Press' Christopher Rugaber wrote: "Gone are the fears that the economy could fall into another recession." Having in effect announced the repeal of the business cycle for the foreseeable future, despite the fact that the economy's post-recession job recovery performance has been the worst since World War II by miles, it seems that Rugaber is now doing his best to…

Not True: AP Claims Workforce Participation Rate 'Has Been Falling Ste

April 7th, 2013 11:20 AM
The disgraceful lengths to which writers in the establishment press will rewrite history to paper over the economy's awful performance during the past five years is perfectly illustrated in one paragraph found in an otherwise decent Associated Press "Big Story" report ("Dropouts: Discouraged Americans leave labor force") Saturday evening by Paul Wiseman and Jesse Washington, with help from…

Four AP Reporters Make Excuses, All Unacceptable, for Weak March Jobs

April 6th, 2013 11:30 PM
After telling the world on Thursday that "Gone are the fears that the economy could fall into another recession," it seems that the Associated Press's Christopher Rugaber needed some help explaining away Friday's weak jobs report from the government's Bureau of Labor Statistics. The AP had four reporters on Friday evening's coverage, all seemingly in search of a viable excuse for another "…

AP's Rugaber: 'Gone Are the Fears That the Economy Could Fall Into Ano

April 4th, 2013 10:20 PM
Well, we can stop worrying about the economy now. Write it down. Chris Rugaber at the Associated Press, aka the Administration's Press, tells readers today that the business cycle has been repealed. That's right. As of now, "Gone are the fears that the economy could fall into another recession." Even giving him the benefit of the doubt that he only meant to refer to the short- or intermediate…

Wires Downplay or Fail to Mention Feb. Month-to-Date and Year-to-Date

March 17th, 2013 1:29 PM
There's a reason why Media Research Center sister site CNS News had to put out a story about how much the government has spent so far this year -- $1.505 tillion -- after Wednesday's release of the February Monthly Treasury Statement: Two of the three major wire services failed to report that obviously important number, and the third saved it for their writeup's final sentence. What follows…

Govt.'s Feb. Treasury Statement Shows That Economy Is Not Better Than

March 16th, 2013 9:10 PM
The official Monthly Treasury Statement for February came out Wednesday showing a deficit for the month of $204 billion, basically the same as the Congressional Budget Office predicted several days earlier. The reported deficit through five months of the fiscal year is $494 billion, down from $580 billion a year earlier. That February result was an "improvement" of $28 billion over the $232…

AP's Rugaber Paints Somewhat Sunny Jobless Claims Picture, 'Somehow' M

February 22nd, 2013 10:07 AM
For the past six weeks combined, actual jobless claims filed nationwide have been virtually the same as the were during the six comparable weeks in early 2012. You wouldn't know that from Christopher Rugaber's coverage at the Associated Press of the Department of Labor's unemployment claims report released yesterday. Rugaber, who described last month's jobs report showing the unemployment…

Bloomberg's Exposure of Worried Walmart Emails Stays Mostly in the Bus

February 16th, 2013 8:10 PM
On Friday, Renee Dudley at Bloomberg News exposed the contents of February 12 internal emails revealing that Walmart executives are worried -- very worried -- about sales during the first 10 to 14 days of the its most current fiscal period (mostly likely either the first 10 days of February if the company works with calendar months, or 14 days if it began the second period of the fiscal year on…

Despite Unemployment Rate Increase, AP's Rugaber Describes Friday's Jo

February 2nd, 2013 11:27 AM
Yesterday at the Associated Press, aka the Administration's Press, Christopher Rugaber really wrote that the government's Employment Situation Summary released Friday was "mostly encouraging." The Friday morning dispatch, still present at Yahoo News but which has understandably disappeared from the wire service's national site, stuck with his smiley-faced description even as he noted, "one…

For Second Week in a Row, Press Says 'Jobless Claims Fall to 5-Year Lo

January 24th, 2013 11:27 PM
For the second week in a row, actual (i.e., not seasonally adjusted) unemployment claims as reported by the Department of Labor came in greater than the analogous week in 2012.  At the same time, and also for the second week in a row, the department's seasonally adjusted claims number -- the only one the business wire services ever specifically identify in their reports -- came in lower. In…

Wires Trumpet '5-Year Low' in Seasonally Adjusted Jobless Claims, Igno

January 17th, 2013 10:49 AM
None of the three major wire services covering today's report from the Department of Labor on initial unemployment claims is reporting the major news: For the first time in a long while, actual claims filed during the most recent week ended January 12 were almost 6 percent higher than the number filed during last year's comparable week, an indication that the current employment market may be…

Plight of Long-term Unemployed Rarely Reported in Obama Years, Was Med

January 11th, 2013 10:42 AM
A week ago, Associated Press reporters and their articles' headlines described the nation's job market in positive terms. An early a.m. report on Janaury carried this headline: "U.S. job market resilient despite budget fight." Later that same morning, just before the government's release of that day's employment report, there was this: "Jobs report expected to show underlying economic strength…