One of the more astonishing things I’ve come across recently was an utterly disingenuous article in Sunday’s Times:...
Read More
Last weekend, in Redux: Household versus Establishment Surveys, we noted the silliness of trying to make the BLS Household Survey somehow...
Read More
Has the US labor market has had its day? “Analytically, this expectation is based on a deceleration in GDP growth primarily caused by...
Read More
One of the more interesting issues I observed last week (albeit from a distance, margarita in hand) was the pre-NFP excitement generated...
Read More
One last item: "The Labor Department’s payrolls report is also at odds with its own survey of households, which is used to...
Read More
As we expected, yesterday’s NFP was another stinkeroo. The 121k number was significantly below the 200k consensus, and far, far...
Read More
The dismal set has gotten all hot and bothered over the preliminary ADP data, thought by some to be an early read on the NFP report....
Read More
In yesterday’s RM column, I referenced a chart from the Sunday NYT (below). >click for larger graphic Courtesy of the New York...
Read More
Final thoughts on Employment, via Professor Morici: "Overall, conditions in labor markets remain mixed. Shortages have emerged for...
Read More
The Sunday New York Times had an interesting story by Dan Gross about one of our favorite themes: What happens When Statistical measures...
Read More