SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: maceng2 who wrote (39178)10/5/2003 10:40:09 AM
From: Ramsey Su  Read Replies (3) of 74559
 
Pearly, PEZZ,

as you may or may not know, the unemployment rate and the weekly jobless claims are surveys, not actuals.

In this day and age, there is absolutely no reason why, especially the jobless claims, cannot be actual to the last guy who walked in to the unemployment office Friday pm in Hawaii (that being the latest time zone for US).

In fact, it is such a simple data gathering process that in theory, we can have a break down of unemployment claims broken down by each state, each county, male, female, tall, short, white, green ...... at any given time if there is a desire, instead of relying on some out dated survey methodology.

Unfortunately, the desire is not there. It is much better to have the ability to "seasonally adjust" to come up with the "desired" results.

Ramsey
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext