Monday January 11, 2016 - 12:03:32 GMT
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Global-View.com - www.global-view.com
Global-View Exclusive: Actual December Jobs Were Only +11,000
Apparently, the ACTUAL increase (non-seasonally adjusted) in December jobs was +11,000 all the rest of the +282,000 was a seasonal adjustment. I understand why they do seasonal adjustments, but this is a special year with the strong el nino effects. Making seasonal adjustments is a dark and imprecise science. Id rather see the raw data together with the recent performance of the raw data and let private sector economists tell us how to adjust the data.
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