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  • Unemployment Rates, Recession Periods and Stock Market Prices [View article]
    To point out one of the many points of sloppy analysis contained in this article, the payroll employment survey and the household unemployment survey are conducted by two different agencies; employment data comes from the Bureau of Labor Statistics (BLS), while the unemployment data comes from the Census.

    Notice on all other news reports, the employment figures were just released for AUGUST by the BLS. Unemployment, on the other hand was just released for JUNE. Attempting to correlate the two is sloppy and misleading.

    Because of the differing methodologies within each survey, the two data series are not directly correlated in the sense that some think.


    Sep 07 13:04 pm |Rating: 0 0 |Link to Comment
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