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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Knighty Tin who wrote (266679)	11/11/2003 9:12:45 AM
From: zonder	Read Replies (1) of 436258

Btw, this week's Belkin Report compares the actual job data with the seasonally adjusted data that the Labor Department has been happily touting around. It tells a quite different story. Especially looking forward, "the cumulative job gain/loss for the three month November/January period has been negative every year since 1960 (average 1.6 mn jobs lost" He points out that "Incidentally, the Labor Department does not even mention not-seasonally-adjusted data exists in their monthly payroll statement. We had to exert considerable effort to find it. They want you to pretend with them that job growth will be positive [this quarter] while it really will be negative - as if that is the proper way to approach statistical analysis." Party on, Wayne -g-

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