Posts filed under “Data Analysis”

Restless America: State-to-State Migration

From Vizynary:

Approximately 7.1 million Americans moved to another state in 2012. That’s over 2.2% of the U.S. population. The United States has a long history of people picking up and moving their families to other parts of the country, in search of better livelihoods. That same spirit of mobility, a willingness to uproot oneself, seems alive and well today based on the visualization of migration patterns above.

Click for an interactive graphic.

Source: Vizynary

Category: Data Analysis, Economy, Employment, Travel

Why Does the Minimum Wage Have No Discernible Effect on Employment?

Category: Data Analysis, Employment, Think Tank

Taking a Closer Look at Fast Food Minimum Wages

Last month, we discussed in this space McDonalds and Wal-Mart as America’s biggest welfare queens. As it turns out, both retail giants are the beneficiaries of a surprising amount of Federal aid: Their employee’s receive an inordinate amount of Medicaid, food stamps and other public assistance. This allows them to maintain very low wages, and…Read More

Category: Data Analysis, Wages & Income

Hidden Cost of Wal-Mart Jobs

Category: Data Analysis, Employment, Think Tank

A Modest Proposal

@TBPInvictus Now for something completely different. That we have become a numbers (and statistics) obsessed society is beyond debate. I’m not sure when it started (Cosmo mag, maybe?), but it’s gotten out of hand. Websites everywhere tell me the X number of things I need to know about Y. Sports, particularly baseball, have gone totally…Read More

Category: Data Analysis, Mathematics

Have We Passed “Ex-Bubble Employment” (adjusted) Peak of 2007?

Source: FRED     Here is an interesting question: How does the present employment rate compare with the prior peak? According to Bureau of Labor Statistics data, if we compare the prior recent peak of 139,143,000 of November 2007 with last month’s figure of 137,942,000 (I used non-seasonally-adjusted because it’s November to November), we are…Read More

Category: Data Analysis, Employment

Comparing Private Job Creation Now & Then . . .

@TBPInvictus here: David Rosenberg made a point in his note Monday that I don’t think went quite far enough, or at least needs a bit more color:   Rosie then showed the chart below (the Haver Analytics version of it, anyway), which he dubbed “Employment Less Financials in Private Sector.” In St. Louis Fred-speak, that…Read More

Category: Data Analysis, Employment

Terry Jeffrey, Hack Extraordinaire (Fun with Numbers Again)

@TBPInvictus here. In yet another stunning display of journalistic malpractice, Terry Jeffrey put out the following piece after last Friday’s NFP release:     Because it suited his (political) purpose, Jeffrey jumped on the Household Survey; looking at the Establishment Survey would not have provided such a dramatic headline. Indeed, it would have provided, for…Read More

Category: Bad Math, Data Analysis, Economy, Employment, Financial Press, Really, really bad calls

Media Hall of Shame: Black Friday Reporting

I am writing up my BBRG coverage of the innumerate business reporting of Black Friday and the holiday shopping weekend. The press as per usual got it wrong again this year. Here is the press release from the  NRF, pushing their usual survey silliness as if it were actual retail sales data: “More than 141…Read More

Category: Bad Math, Consumer Spending, Data Analysis, Financial Press, Really, really bad calls

What If All 50 States Had = Populations?

Source: Fake is the New Real Hat tip GovBeat

Category: Data Analysis, Digital Media