Jobs Data Without The Seasonal Adjustment BS

The BLS provides seasonally adjusted (SA) data to make it impossible to see what actually happened in the first report each month. They do it to give economists and Wall Street mouthpieces something to do. Meanwhile, it’s much easier to see the truth with the actual not seasonally manipulated data (NSA).

Seasonal.Adjustment.visual

Here are a few charts showing August data in the context of actual historical data NSA.

Nonfarm Payrolls Chart August - Not Seasonally Adjusted

Full TIme Prime Age Employment Chart August

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