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Bureau of Labor to Monkey with Birth/Death Model

12-04-2010 • EconomicPolicyJournal.com

One notorious "adjustment" factor the BLS uses in its calculation of monthly unemployment is the birth/death index, in which the BLS "estimates" the number of jobs created at small firms that were just "born", and how many jobs were lost...

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Bureau of Labor to Monkey with Birth/Death Model

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