Comments on: BLS Non Farm Payroll Hedonics http://www.ritholtz.com/blog/2005/04/bls-non-farm-payroll-hedonics/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 22:06:42 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: Matt M http://www.ritholtz.com/blog/2005/04/bls-non-farm-payroll-hedonics/comment-page-1/#comment-3089 Matt M Fri, 15 Apr 2005 10:39:30 +0000 http://thebigpicture.dev.wilder.ca/blog/?p=1456#comment-3089 I certainly agree with Dr. X. The states take their own samples, which according to the BLS have a greater error. It's not like the states are recording every single data point regarding jobs, and then the BLS disregards that data and takes a sample. THAT would be ridiculous. I certainly agree with Dr. X. The states take their own samples, which according to the BLS have a greater error. It’s not like the states are recording every single data point regarding jobs, and then the BLS disregards that data and takes a sample. THAT would be ridiculous.

]]> By: spencer http://www.ritholtz.com/blog/2005/04/bls-non-farm-payroll-hedonics/comment-page-1/#comment-3088 spencer Thu, 14 Apr 2005 22:14:48 +0000 http://thebigpicture.dev.wilder.ca/blog/?p=1456#comment-3088 Why should this be different -- the components of real GDP do not add up to the total either. Why should this be different — the components of real GDP do not add up to the total either.

]]> By: Dave S. http://www.ritholtz.com/blog/2005/04/bls-non-farm-payroll-hedonics/comment-page-1/#comment-3087 Dave S. Thu, 14 Apr 2005 16:26:14 +0000 http://thebigpicture.dev.wilder.ca/blog/?p=1456#comment-3087 Peter, It's all there on the BLS site. Peter,

It’s all there on the BLS site.

]]> By: Peter http://www.ritholtz.com/blog/2005/04/bls-non-farm-payroll-hedonics/comment-page-1/#comment-3086 Peter Thu, 14 Apr 2005 16:02:02 +0000 http://thebigpicture.dev.wilder.ca/blog/?p=1456#comment-3086 I wonder if Dr. X could be so kind and shed some more light at how the Fed does come up with the number. Peter I wonder if Dr. X could be so kind and shed some more light at how the Fed does come up with the number.

Peter

]]> By: Dr. X http://www.ritholtz.com/blog/2005/04/bls-non-farm-payroll-hedonics/comment-page-1/#comment-3085 Dr. X Thu, 14 Apr 2005 14:07:08 +0000 http://thebigpicture.dev.wilder.ca/blog/?p=1456#comment-3085 It makes perfect sense that the national isn't the sum of the states, because the national is derived from a different sample. And it is more accurate, like they say. It makes perfect sense that the national isn’t the sum of the states, because the national is derived from a different sample. And it is more accurate, like they say.

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