Posts filed under “Data Analysis”
click for interactive chart
Great set of interactive charts at the WSJ showing differing views of American employment. Maps include Jobless Rate Change, 2013-14; Labor Force Percentage Change, and the map above of Jobless Rate Change Since the Great Recession Began.
The cartograms are sized not by their physical acreage, but rather by their civilian labor force populations. It is a density-equalized view of regional employment.
Click through to WSJ to see the other versions.
Unbelievable jobs numbers..these Chicago guys will do anything..can’t debate so change numbers — Jack Welch (@jack_welch) October 5, 2012 Today’s column is about stupidity. Perhaps that’s overstating it; to be more precise, it is about the conspiracy-theorist combination of bias, innumeracy and laziness, with a pinch of arrogance thrown in for…Read More
Stories based on Black Friday consumer spending numbers are a holiday tradition. Bob talks with investor and Bloomberg View contributor Barry Ritholtz about the problems with stories based on those numbers. NPR/WNYC: Source: On the Media
Over the years, I have spilled a lot of pixels on why the monthly obsession on NonFarm Payrolls is misplaced (See e.g., this, this and this). What matters is not any single data point, but the overall trend. And as we have seen since the trend reversed in 2010, that trend has become positive….Read More
Dig this: “In an email to The Huffington Post, an NRF spokeswoman called Ritholtz’s piece an “annual temper tantrum” that was “slanted, flawed and predictable,” and compared it to “such holiday traditions as the Grinch and the threat of coal in one’s stocking.” The NRF did not cite any inaccuracies in Ritholtz’s column, nor did…Read More
The New York Times headline declared, “Thanksgiving Weekend Sales, at Stores and Online, Slide 11 Percent.” Not to be outdone, the Wall Street Journal reported, “‘Black Friday’ Fades as Weekend Retail Sales Sink.” And — to prove I’m not playing favorites — Bloomberg News noted that, “Black Friday Fizzles With Consumers as Sales Tumble 11%.”…Read More
This is the time of year when Americans gather with family and friends to give thanks. A bounteous feast is the time to express gratitude for our good fortune. We count our blessings, humbled by the fortuity of our circumstances, grateful for whatever it is we have. Once you get that over with, it’s time…Read More
Reassessing the Effects of Extending Unemployment Insurance Benefits Pedro S. Amaral and Jessica Ice To deal with the high level of unemployment during the Great Recession, lawmakers extended the availability of unemployment benefits—all the way to 99 weeks in the states where unemployment was highest. A recent study has found that the extensions served to…Read More