by Lee Adler, Wall Street Examiner
The BLS provides seasonally adjusted (SA) data to make it impossible to see what actually happened in the first report each month. They do it to give economists and Wall Street mouthpieces something to do. Meanwhile, it’s much easier to see the truth with the actual not seasonally manipulated data (NSA).
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Here are a few charts showing August data in the context of actual historical data NSA.
This post appeared in The Wall Street Examiner 04 September 2020.
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