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Response to NewJeffCT (Reply #30)

Fri Sep 7, 2018, 11:01 AM

31. Statistical noise mostly

Here are the monthly changes in the labor force. It wildly zigs and zags from month to month.

http://data.bls.gov/timeseries/LNS11000000?output_view=net_1mth

In thousands:
2016: 344 424 442 -334 -407 464 231 307 220 -34 -156 192
2017: -18 279 238 -54 -452 485 253 131 484 -711 162 64
2018: 518 806 -158 -236 12 601 105 -469

January and February of each year: Data affected by changes in population controls.

The Number of Employed, also from the Household Survey, is similarly volatile:

http://data.bls.gov/timeseries/LNS12000000?output_view=net_1mth

More on this topic: https://www.democraticunderground.com/10141934356 post 9 and 20 thru 23

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NewJeffCT Sep 2018 #30
LineLineLineReply Statistical noise mostly
progree Sep 2018 #31
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