Monday, December 08, 2003

Feds Phony Up Employment Numbers? Nah!

(Minnesota employment research director Steve Hines) said he wonders whether the federal government is cooking the books.

"The feds changed their process this spring, right around the time we started seeing this decrease [in national jobless claims]," he said. "I can't see how their unadjusted pattern differs that much from the state's.

"I wonder if there's something in that new methodology that gives us a rosier picture than we might otherwise be experiencing."


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