The Most Ridiculous Seasonal Adjustment You Will Ever See

The Most Ridiculous Seasonal Adjustment You Will Ever See (Zerohedge, Nov 5, 2014):

What happened in October is that an unadjusted response which indicated the weakest labor market in half a year, was magically transformed into almost the best print in the history of the Employment series.

How?

Seasonal Adjustments.

 

Unfortunately, Americans don’t have the option of paying with “seasonally adjusted” money they don’t have, in compensation for a “seasonally adjusted” job they don’t hold.

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