[lbo-talk] employment

Michael Pollak mpollak at panix.com
Fri Aug 6 20:16:27 PDT 2004


On Fri, 6 Aug 2004, Christian Gregory wrote:


> Again, what is odd about this adjustment? It would seem to me odd to
> leave it out

I'll say. You ought to follow the news in a country where they make no seasonal adjustments, like Germany. It's hilarious. They set a raw number as the political tripwire, like 4 million unemployed, and then give the government kudos and brickbats as the raw number of unemployed goes wildly up and down in entirely predictable patterns from season to season.

Michael



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