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Wednesday, August 8, 2012

the chart I'd like newspapers to use from now on

re: "writing is rewriting" at the New York Times

the chart:













the data:


how to find the chart (it's not easy):
  1. GO TO Bureau of Labor Statistics
  2. MOUSE OVER Data Bases & Tools
  3. Under "Customized Tables," CLICK on News Release Tables: link takes you to Historical News Release Tables
  4. Under "Access to Historical Data Series by Subject: Previous years and months," CLICK wizard to right of "Browse labor force, employment, unemployment, and other data by subject": link takes you to Access to historical data series by subject
  5. SCROLL DOWN to Employed Persons & CLICK Most Requested Series
  6. CHECK Civilian Employment-Population Ratio - LNS12300000
  7. CLICK Retrieve Data et voilà:
  8. Labor Force Statistics from the Current Population Survey
  9. CLICK "Include graphs" if you want to include graphs

64.6% of the population employed in 2000
58.4% employed today

update 8/8/2012:
unemployment rate has been decoupled from the employment-population ratio



update update 8/8/2012:
Here is Scott Sumner explaining why level NGDP-targeting is not inflationary. (I don't entirely follow, but am passing this along.)

And here is Boston Federal Reserve president Eric Rosengren endorsing NGDP targeting. Sumner writes: "Two down, 17 to go."

3 comments:

  1. Catherine, if you want only the "final" NYT version of a story, subscribe to the paper edition and read about an economic announcement one day after it is made. Others may prefer more timely information.

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  2. I don't think that's right --- I'm pretty sure (but correct me if I'm wrong) that earlier versions appeared in the print edition.

    What I'm noting here is a really very large change in content from first to final version, large from a writer's point of view, certainly.

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  3. Here's the notice: "A version of this article appeared in print on August 4, 2012, on page A1 of the New York edition with the headline: Hiring Picks Up, But Data Gives No Clear Signal."

    I don't think the print version is the final version, necessarily.

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