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Were seasonal adjustments applied fairly to July’s job report?


The US economy lost 1.03 million jobs in July. That’s a fact. But John, didn’t the Labor Department announce last Friday that July had a gain of 255,000 new jobs? Sure, and the discrepancy, as I explained last Saturday and many times before that, was caused by seasonal adjustments. Adjusting for seasonal oddities — like...
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Source: New York Post


02:30, August 11, 2016 John Crudele

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