BLS Seasonal Adjustments Gone Haywire; 11% Unemployment Coming by May?
Foreign - Fundamental
Pondelok, 08 Február 2010 12:30

Over the weekend I received an email from Irishscot2, a poster on MarketWatch, regarding seasonal adjustments to the unemployment rate.

Hi Mish
I believe the seasonal adjustment is no longer valid given that anticipated job creation down the road has not and will not be happening. I expect late spring to reverse the January effect heading into the elections. If so, a perfect political storm brewing because of their models!

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