Tag Archive for Employment Data

It’s That Time of The Month, Employment Data Leads To Investment Mood Syndrome

Every month the gummit’s Bureau of Liar Statistics (BLS) dutifully reports reams and reams of data on the employment situation in the US. Some of it is actually useful. The rest is reported by the mainstream financial news media. The BLS reports both seasonally adjusted (SA) data and not seasonally adjusted  (NSA) data. The NSA…

Employment Data Saga Continued: Krasting Says Larry Summers Misstates; Stockman Says It Goes Deeper

The Labor Force Participation Rate (LFPR) is a key economic statistic today. Changes in the LFPR are shaping the direction of the capital markets, federal economic policy, monetary policy and, most importantly, politics.

The LFPR hit a new record low …

Deconstructing The “Massive Beat” in Employment Data- Corrected

Editor’s Note: The earlier version of this article included unadjusted numbers derived from a spreadsheet error. The error resulted in the not seasonally adjusted month to month employment declines being understated. The data has been corrected. The analysis and conclusions are unaffected. Thanks to rdkyote for bringing this to my attention! The headlines are blaring…