Comments for August Jobs Report: Read With Care at http://www.cepr.net , comment 1 to 3 out of 3 comments http://www.cepr.net Sat, 25 May 2013 22:50:12 +0100 FeedCreator 1.7.3 http://www.cepr.net/index.php/blogs/beat-the-press/august-jobs-report-read-with-care#comment-18748 Dean, there's been a lot of talk about people leaving the workforce, but never any context. Boomers began taking early retirement in 2008, and there are a lot of us. We've known this was coming for at least thirty years. Is this number of people leaving the workforce really alarming, or is it exactly what we should expect? - R L Fast Mon, 10 Sep 2012 06:49:01 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/august-jobs-report-read-with-care#comment-18742 Here's the link analyzing the jobs report that I promised, worth reading --from the WSJ via Business Insiders: http://www.businessinsider.com/jobs-data-actual-numbers-were-strong-seasonal-adjustment-is-wrong-2012-9 - SS Mon, 10 Sep 2012 04:30:53 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/august-jobs-report-read-with-care#comment-18741 Dean, the un-adjusted number was actually quite good 250,000+ higher than last years, although once seasonally adjusted the number came in well below last years. There was a good analysis comparing the August number to tax revenues which were also up over last years. I will try to post a link to it I can find it again. Seasonal adjustments are very unreliable and are corrected once a year in end-January/ February when the indices are reconciled, usually with very large adjustments, sometimes over a million jobs added or subtracted. Presuming this was not manipulation we should have a good chance for a better number in September. - SS Mon, 10 Sep 2012 04:20:52 +0100