Posts Tagged ‘employment report’

  • Tough to quantify, the monthly job creation number is much more than a number.

    How Wrong Are BLS Jobs Numbers?

    Jun 7, 14 • 274 Views • Businesses, Economic Debates, Economic History, Government, Labor, Macroeconomic MeasurementNo Comments

    China and Nepal used to disagree about the height of Mount Everest. Nepal counted the snow caps while China just included the rock height. Consequently, Nepal said the peak was 4 meters higher than China. Then, in 2010, China said okay, the official

  • Job Gains in Texas and Losses in Caifornia and Florida

    A Tale of Two Surveys

    Oct 6, 12 • 159 Views • Businesses, Economic Debates, Households, Labor, Macroeconomic Measurement, UncategorizedNo Comments

    Everyone was surprised that the US unemployment rate for September dipped to 7.8%. Interpreting the number as evidence of an accelerated recovery, some people were delighted. Others advised caution, saying the statistical source of the unemployment rate is