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To: James Strauss who wrote (3270)12/7/1998 3:51:00 PM
From: wily  Read Replies (1) | Respond to of 13094
 
James, have you checked IFLY lately? Chart looks similar to NAVR pre-today's breakout. (Disclaimer: I'm long IFLY)

Thanks,
wily



To: James Strauss who wrote (3270)12/7/1998 5:17:00 PM
From: Will M  Respond to of 13094
 
More on employment numbers:

Jim, I'm pretty sure you can get the monthly raw employment data, by industry groupings, from the BLS. I think you can get there from dol.gov As you know, unadjusted data have both a growth (decline) component and a seasonal component. The reason to adjust the data seasonally is to remove the seasonal effect and leave the growth residual so that month-to-month comparisons can be made in the same year. Different issues come up in comparing raw data from the same month in consecutive years. When one month's seasonal effect is close to "normal" and the other (same month, next year) is far from "normal," (say in comparing Nov. '97 raw construction employment data to Nov. '98 numbers) I would be hesitant to assume that the difference is all growth.