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| User Info | Jobs Report: The Big Suck; entered at 2012-05-04 10:42:54 | |||
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Genesis Posts: 131489 Registered: 2007-06-26 
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Zerohedge is again a zero. They're quoting SEASONALLY ADJUSTED "employed" numbers on that drop. Well, which is it guys -- NSA was 141995 up from 141412. Either use the seasonal numbers for everything and accept their adjustment or call bull**** on all of them and use hte NSAs (which is what I do.) If you want "seasonal" then use YOY comparisons which removes seasonality (which I also do.) Zerohedge has become worthless in this regard and in fact dangerous due to their selective citing of things that support their pre-arranged conclusion. I stopped reading them for this reason. 2012-05-04 10:42:54
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