Possible NFP Headlines

I love this set of headlines from Neil Irwin:

possible headlines
Source: NY Times

 

We have spent a lot of columns arguing that NFP should be mostly ignored by traders, but Irwin does a masterful job showing the varied responses the BLS model creates to what is eesentially the same exact data.

Be sure to see the “Animated statistical noise charts” that explains this below.

 

growth

 

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