Friday 03rd of September 2010

U.S. 11% Unemployment Coming by May? PDF Print E-mail

Mike_Shedlock at The Market Oracle writes February 8:

Over the weekend I received an email from Irishscot2, a poster on MarketWatch, regarding seasonal adjustments to the unemployment rate.

Hi Mish

I believe the seasonal adjustment is no longer valid given that anticipated job creation down the road has not and will not be happening. I expect late spring to reverse the January effect heading into the elections. If so, a perfect political storm brewing because of their models!

Irishscot2

Irishscot2 compared the unadjusted numbers to the seasonally adjusted numbers on a percentage basis. I could not tell much from the raw data he sent, so I asked for his spreadsheet and he graciously obliged.

To read more, click this link:

http://www.marketoracle.co.uk/Article17083.html

 

Web Site Development by Dark Twin Marketing Web Site Design and Graphics by Cassie Designs