1181. Is It Seasonal Adjustment?
An argument that employment numbers may not be significantly affected by seasonal adjustments, supported by various data comparisons and analyses of nonfarm payroll statistics.
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An argument that employment numbers may not be significantly affected by seasonal adjustments, supported by various data comparisons and analyses of nonfarm payroll statistics.
An argument that declining federal budgets for statistical agencies undermines the quality and availability of essential data for policymakers and the public.
An argument that new tariffs announced by Trump may impact job growth and provoke political consequences, including the dismissal of a government agency head.
The post discusses disappointing employment data for July, indicating a potential slowdown in the labor market and its implications for economic trends and monetary policy.
Paul Krugman discusses the impact of Trump's tariffs and uncertainty on the jobs report, emphasizing the economic slowdown and its misinterpretation in political contexts.
The Corporation for Public Broadcasting announces its shutdown due to the loss of federal funding following a law signed by the President.
The post discusses the economic turmoil in the Roman Empire during Diocletian's reign, focusing on failed price controls and the consequences of inflationary policies.
An argument that discusses the importance of design choices in causal inference, particularly the implications of dropping treated units from control groups in difference-in-differences analysis.
Bill McBride discusses a decrease in overall construction spending in June 2025, highlighting trends in private and public construction expenditures.
The discussion focuses on the various ways AI is utilized in the workplace, highlighting its positive and negative aspects.
Alex Tabarrok discusses the economic and social implications of India's government job preparation culture, highlighting its inefficiencies and the disillusionment of educated youth.
An argument that Trump's tariffs on Brazil reflect his misunderstanding of trade power and legality, revealing delusions about the effectiveness of his trade policies.
The post discusses a decrease in the ISM manufacturing index, indicating ongoing contraction in the manufacturing sector and highlighting various related economic indicators.
An argument that explores the declining favorability of Democrats compared to Republicans, attributing it to dissatisfaction among leftists and broader public trust in GOP on key issues.
Rafael Nam discusses the stock market decline following Trump's announcement of new tariffs and the implications of a disappointing jobs report on the economy.
The July employment report revealed disappointing job numbers, declining participation rates, and rising unemployment, indicating a weak labor market overall.
Scott Horsley discusses the weakening job market and rising unemployment as a consequence of Trump's tariffs.
Bill McBride discusses the July employment report, highlighting job changes, unemployment rates, and revisions to previous months' data.
New tariff rates affecting over 65 countries are introduced, while a significant number of rabbis condemn the humanitarian crisis in Gaza.
Menzie Chinn discusses Donald Trump's criticisms of the Federal Reserve and the implications for central bank independence and monetary policy.