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by JumpCrisscross
4 days ago
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> the BLS needs to do "Boomer aging adjustments" to jobs numbers, in a similar manner to how they do "seasonal farming adjustments" You’re comparing a low-frequency trend with a high-frequency cycle. The latter has lots of data to characterize it. The former may be secular or may be a slow cycle; nobody should be adjusting for it in the base data. |
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