Comment on Obama's DataparentComments−mbreese16yThe aren't emphasizing a (first) derivative of the number of jobs.This is the actual raw data. All of the other statistics (unemployment rate, etc) are derived from these numbers.−waterlesscloud16yIt's quite a stretch to call this "actual raw data".It's highly massaged data, always has been, always will be.And there's no guarantee whatsoever that it's massaged in the same way month to month. None at all.−dandelany16yRight, but the point is that the raw data is in the "second derivative" format - the total number of jobs in America is not recorded/reported every month, the change in the total number of jobs is.
Comments
The aren't emphasizing a (first) derivative of the number of jobs.
This is the actual raw data. All of the other statistics (unemployment rate, etc) are derived from these numbers.
It's quite a stretch to call this "actual raw data".
It's highly massaged data, always has been, always will be.
And there's no guarantee whatsoever that it's massaged in the same way month to month. None at all.
Right, but the point is that the raw data is in the "second derivative" format - the total number of jobs in America is not recorded/reported every month, the change in the total number of jobs is.