Friday, May 15, 2015

Employed and Worried

Standing in line, marking time
Waiting for the welfare dime
'Cause they can't buy a job
--Bruce Hornsby & the Range

ZeroHedge observes growing chasm between federal govt-reported initial jobless claims and UMich Consumer Sentiment Survey question asking people if they are worried about losing their job.


The larger the gap between two series that are typically correlated, the easier it is to question the measurement quality of at least one of the data sets.

Will leave it up to you to assess which series is more likely to have issues.

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