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Why they hate us, was ( funny things to do on a bike)



 
 
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Old May 28th 04, 02:11 AM
David Kerber
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Default Why they hate us, was ( funny things to do on a bike)

In article , says...


A lot of the "job growth" over the last two months are positions in
agriculture and construction. In most of the US, these are seasonal
businesses.



So let's see if I understand the principle - during the "off season"
they were "lost jobs" but then during the "on season" they're not "job
growth"....


My point is that a jump in employment due to seasonal factors should not
be seen as a sign of economic recovery or long-term job growth. One
needs to factor out regular seasonal variations to determine the true
employment situation.


They do; all jobs reports use the term "seasonally adjusted" in the
official announcement. Whether or not the news uses that term depends
on whom they want to look good.


--
Dave Kerber
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