Tuesday, October 09, 2012

HISTORICAL AND STATISTICAL ANALYSIS SHOWS RECENT HOUSEHOLD SURVEY IS EITHER BOGUS OR A RIDICULOUS OUTLIER THAT SHOULD BE IGNORED


RANDALL HOVEN/TAT: 
But here is what I do think is suspicious: the raw employment level of the Household Survey. That number gets seasonally adjusted and then goes into the unemployment rate calculation. If that raw number is off, the unemployment rate will be off. And that number is certainly off if we judge by history.
  • The August-to-September change, +775,000, was the largest upward Aug-Sep change in the history of the Household Survey.
  • That was the largest difference between the Household Survey and the Establishment Survey (Aug-Sep change) in the history of the Household Survey.
  • That was the only time ever that the Household Survey showed a greater increase in September than the Establishment Survey. 




Read more: http://www.americanthinker.com/blog/2012/10/why_septembers_unemployment_number_is_suspicious.html#ixzz28nlSUrgP

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