Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: relictele

You do realize that the net effect of seasonal adjustments spread across the whole year is zero, right?

They add some jobs in parts of the year when hiring is always weak and subtract the same numbers in parts when hiring is always strong in order to smooth out the sine wave.

This allows observers to see what is happening in the numbers aside from those seasonal swings.


14 posted on 04/09/2015 7:13:53 AM PDT by babble-on
[ Post Reply | Private Reply | To 2 | View Replies ]


To: babble-on

With this lot I am in no way confident that their adjustments will net to zero even if that is the prescribed method.

Moreover, if reality also nets to zero there is no need to inflate/deflate the unreality. Statistics are measurements, not geometric figures or electrical signals therefore ‘smoothing’ is gratuitous.

Observers seeking truth from a government scoring its own performance are on a hiding to nothing. It’s akin to giving Bill Belichick the scoreboard controls at a game and telling him ‘keep it close to make it more believable.’


16 posted on 04/09/2015 7:39:02 AM PDT by relictele (Principiis obsta & Finem respice - Resist The Beginnings & Consider The Ends)
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson