Today’s Jobs Report

Here’s a strange statistical angle to today’s jobs report. Officially, the unemployment rate was unchanged, 9.7%. But you break down the numbers, the rate was eerily the same.
For January, the unemployment rate was 9.68662%. For February, it was 9.68719%.
That’s an increase of 57/100,000 of one percent. Think of it this way: If the workforce had remained at 175,000 for January and February, then only person lost his job.
I’m not trying make any economic point, I just think it’s an unusual statistical occurrence.

Posted by on March 5th, 2010 at 2:39 pm


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