Texas Jobless Rate Up Nov 21, 2009
Without the seasonal adjustment, Texas' unemployment rate dropped to 8. 1 percent from 8. (Click2Houston, TX)
Wonk Watch 11.10.09 Nov 11, 2009
Norris reports that due to seasonal adjustment, the figures were skewed and that the actual unemployment rate sits at 9. 5 percent. (Slate)
Wholesale used-car prices show first decline since December Nov 11, 2009
Factoring in a seasonal adjustment the index dipped 0. 9% overall in October. (USA Today -- Money)
READ: The ISM's press release Nov 5, 2009
All seasonal adjustment factors are supplied by the U.S. Department of Commerce and are subject annually to relatively minor changes when conditions warrant them. The remaining indexes have not indicated significant seasonality. (USA Today -- Money)
Home sales rise, but not here Oct 24, 2009
Nationally, sales volume rose by nearly 8 percent without seasonal adjustment, which is the way metro area sales are reported, and more than 9 percent with the adjustment. The median price fell nearly 9 percent. (Atlanta Journal-Constitution -- Business)
TOMORROW'S NEWS - Unemployment hovers near 10 percent Oct 22, 2009
While the reason for the discrepancy could not be pinpointed Wednesday, it is likely because of a seasonal adjustment and the number of lay-offs counteracting the amount of individuals re-hired, said Information Officer for the Department Of Labor and Industrial Relations Ryan Markham. There were no reported mass lay-offs for Kaua i last month, but it could just be a steady stream of unemployment across the island, he said Wednesday. (Lihue Garden Island, HA)
County jobless rate dips a bit (2) Oct 18, 2009
After seasonal adjustment, New York state s private sector job count decreased by 2,200 to 7,083,300 in August. The statewide total nonfarm job count decreased over the month by 3,800 to 8,645,400 in August. (Oswego Palladium-Times, NY)
Missouri job losses slow Oct 15, 2009
The seasonal adjustment process may have exaggerated the changes, which is not unusual in a transition month like September, state officials said. Most Read Stories. (St. Louis Business Journal, MO)
Interest rates on upward spiral as economy heats Oct 10, 2009
7 per cent after seasonal adjustment. Victoria's unemployment fell abruptly from 6. (Sydney Morning Herald -- Australia)
Snake eyes come up for casino in first weeks Oct 4, 2009
" Though The Meadows has been outperforming the Rivers Casino on a regular basis -- the opposite of what the state gaming board had projected -- the racetrack-casino still has seen a decline in revenue. The Meadows has been taking in between $5 million and $5.5 million in weekly revenue since the Rivers opened, whereas it usually grossed above $6.5 million after opening an expanded casino with more than 3,700 slot machines April 15. Its weekly revenues now are about what they were while it... (Pittsburgh Post-Gazette, PA)
Jobs: Look for Lower Losses in September Oct 1, 2009
The September seasonal factor for payrolls generally marks the start of the seasonal build in employment toward Christmas, following the smallest seasonal adjustment of the year in August. This could weigh on payrolls if the economy fails to show the usual ramp-up, just as the seasonal climb on payrolls between February and June likely weighed on those figures as well. (BusinessWeek)
* Central bank keeps low-interest policy Sep 25, 2009
Yen Tzung-ta (Yvj), head of the central banks economic research department, said M2 growth after seasonal adjustment stood at 6. 36 percent from the end of last year and would head further down in the coming months. (Taipei Times, Taiwan -- World)
Texas Unemployment Hits 22-Year High Sep 19, 2009
Without the seasonal adjustment, the Texas unemployment rate dropped to 8. 1 percent from 8. (Click2Houston, TX)
A lost decade ahead Sep 15, 2009
As a result, the estimate of employment for the industry rose by 28,000 after seasonal adjustment. In large part, July's seasonally adjusted increase reflects the fact that previous job cuts had been so extensive that there were fewer workers to lay off during the seasonal shutdown. (Asia Times Online)
Survey says hiring projections weak Sep 12, 2009
After seasonal adjustment, the net employment outlook stands at negative 3 percent, the weakest in the history of a survey first conducted in 1962. "Despite some moderating signs, such as the considerable number of employers that plan to maintain or increase staff levels, there will continue to be challenges for both job seekers and employers in the coming months," said Jonas Prising, president of Manpower of the Americas. (Daytona Beach News Journal -- Local)
Manpower Employment Outlook Survey Projects a Weak Hiring Pace for Q4 2009 Sep 8, 2009
After seasonal adjustment, the Net Employment Outlook becomes -3%, the weakest in the history of the survey, which began in 1962. The final 5% of employers indicated they were undecided about their hiring intentions. (PR Newswire)
Answer Desk: Housing's long climb back Sep 4, 2009
But when you take out the seasonal adjustment designed to smooth out the impact on the data of forces like weather the number of actual single-family homes built in July fell by 4 percent from the month before and by 20 percent from last July. So far this year, the total number of housing starts is running 46 percent below the comparable period last year. (MSNBC -- Business)
SINA Reports Second Quarter 2009 Financial Results Sep 1, 2009
"During the second quarter of 2009, we saw strong execution in our online advertising business in China, which grew 35% from the prior quarter. The sequential growth rate was faster than our typical seasonal adjustment and shows that we are able to take advantage of an economic rebound," said Charles Chao, CEO of SINA. "While further improvement of our advertising business will depend on the depth and sustainability of the economic recovery in China, we are seeking opportunities in the current... (PR Newswire)
* MORAKOT: THE AFTERMATH: Unemployment tops 6 percent, Morakot not yet factored in Aug 25, 2009
The jobless reading after seasonal adjustment stood at 6. 01 percent, also the highest in 31 years, the report showed. (Taipei Times, Taiwan)
Hawaii reported 9 'mass layoffs' in July Aug 22, 2009
Seasonal adjustment is the process of estimating and removing the effect of regularly recurring seasonal events such as changes in the weather, holidays and the beginning and ending of the school year. The Department of Labor does not specify where the layoffs occurred. (Pacific Business News, HI)
Labor sector in U.S. falters Aug 21, 2009
With the seasonal adjustment, the state's private sector job count also increased, by 14,000, or 0. 2 percent. (Albany Times Union)
Michigan jobless rate dips slightly to 15 percent Aug 21, 2009
Rick Waclawek, director of Michigan's Bureau of Labor Market Information and Strategic Initiatives, said the rise in manufacturing jobs "does not reflect any real improvement in the job picture, but is just an artifact of the seasonal adjustment process.". Michigan has lost 119,000 manufacturing jobs in the past year. (Ionia Sentinel-Standard, MI)
More contraction in Buffalo job market Aug 21, 2009
After seasonal adjustment, New York state s private-sector job count increased by 14,000, or 0. 2 percent, to 7. (Buffalo Business First, NY)
GET READY FOR THE YEAR'S MOST HONEST JOBS REPORT Aug 6, 2009
But unless some favorable seasonal adjustment kicks in -- maybe because the auto industry had a slightly less horrible July than in 2008 -- the headline number you'll see in the newspapers on Saturday might not be pretty. I've been telling readers for years about the department's knack for adjusting its figures through theoretical notions of what it thinks is going on in the job market. (New York Post -- Business)
Denver's disappearing jobs Jul 30, 2009
The lack of seasonal adjustment means month-to-month comparisons are not always reliable, but year-over-year comparisons are considered more valid. BLS said eight of 10 business sectors in the Denver area shed jobs in the year ending in June, led by mining, logging and construction (down 14,200 jobs) trade, transportation, and utilities (also down 14,200) and professional and business services (down 11,600). (Denver Business Journal, CO)
Shiller: Housing Market Has Finally Turned Up Jul 30, 2009
After seasonal adjustment, prices showed a 0. 2 percent decline, but this was still an improvement in the recent trend, economists said. (Newsmax)
LETTER: Family's struggle shows health reform is needed Jul 24, 2009
7X6Z9 wrote on Jul 23, 2009 8:06 PM:" JOBLESS CLAIMS JUMP AGAIN, POLLS SHOW DECLINE IN CONFIDENCE FOR PORKULUSWASHINGTON The number of newly laid-off workers seeking jobless benefits rose last week, though the government said its report again was distorted by the timing of auto plant shutdowns.The increase follows two straight weeks of sharp drops largely because automakers didn't lay off as many workers as expected in early July. General Motors and Chrysler temporarily shut down many of their... (Mattoon Journal-Gazette, IL)
New Jobless Claims Rise, Unemployment Total Falls Jul 24, 2009
A department analyst says the government's seasonal adjustment process expected a sharp drop in claims last week, which didn't happen. As a result, seasonally-adjusted claims rose. (Newsmax)
* Unemployment hits new record Jul 23, 2009
91 percent after seasonal adjustment, representing an increase of 0. 07 percentage points from a month earlier. (Taipei Times, Taiwan)
Inflation sinks to 10-year low Jul 22, 2009
Unlike the headline CPI, the RBA's underlying measures are subject to revision due to the seasonal adjustment of some of their components. czappone@fairfax. (Sydney Morning Herald -- Business)
Shining a harsh light on hedge funds Jul 17, 2009
As we have highlighted, this week's report (and last week's) were hugely distorted to the downside by the shift in the timing of automotive plant closings and a consequent inability of the seasonal adjustment process to correctly compensate for this factor. This is best illustrated by the fact that non-seasonally adjusted claims increased by a cumulative 107K in the latest two weeks, but the seasonal adjustment process turned this into a cumulative 95K decline as the unadjusted rise was less... (Salon)
New jobless claims down sharply last week Jul 17, 2009
The departments seasonal adjustment process expected a large increase in claims from auto workers and some other manufacturers, the analyst said ... Seasonal adjustment problems are wreaking havoc with the layoffs data and will continue to for another few weeks, said Richard Yamarone, economist at Argus Research Corp.. (MSNBC -- Business)
Dollar falls on better-than-expected job report Jul 10, 2009
Much of the decline reflected seasonal adjustment problems rather than a fundamental improvement in job market conditions. Continuing jobless benefit claims rose to a new high of 6. (Xinhuanet, China)
Spotty data taking toll: RBI guv Jul 3, 2009
The RBI governor also called for renewed focus on assessing cyclical conditions through leading indicators, including supportive research on macroeconomic linkages, time series and seasonal adjustment, business cycle analysis and sensitivity analysis. This is because economic and financial conditions can change quickly over a very short period, as is evident from the ongoing global financial crisis. (India Times)
ATA Truck Tonnage Index Increased 3.2 Percent in May Jun 27, 2009
The not seasonally adjusted (NSA) index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 102 in May, up 0. 4 percent from April. (PR Newswire)
* Unemployment reached new high in May Jun 23, 2009
After seasonal adjustment, the index X a measure used to track the job markets long-term evolution X gained 0. 07 percentage points for 14 straight months to 5. (Taipei Times, Taiwan)
More labor pains for Buffalo Jun 19, 2009
After seasonal adjustment, the state s unemployment rate increased to 8. 2 percent in May the highest level since February 1993. (Buffalo Business First, NY)
Consumer prices only inched up in May Jun 18, 2009
6 percent last month before seasonal adjustment, the Labor Department said. But they are still much lower than last year, when prices at the pump topped $4 a gallon. (Boston Globe)
Economics focus: The art of Chinese massage May 27, 2009
One reason is that seasonal adjustment is tricky in such countries where the shift from agriculture to industry changes the pattern of seasonality over time, says Mr Kroeber. Cutting the fudge. (The Economist)
NYS DOL: Private Sector Jobs Fall May 23, 2009
New York State's unemployment rate, after seasonal adjustment, fell from 7. 8 percent in March to 7. (R News)
Another tough month for employment Apr 17, 2009
New York state s unemployment rate, after seasonal adjustment, was unchanged at 7. 8 percent in March 2009. (Buffalo Business First, NY)
Consumer prices in West up a 2nd month Apr 16, 2009
2 percent in March, before seasonal adjustment. The national index has decreased 0. (New Mexico Business Weekly, NM)
New Jobless Claims Drop To 654,000 Apr 10, 2009
Wait for the seasonal adjustment; it'll be more than 670K. They always wait to print that until they think nobody's looking. Posted by gce651 at 1:24 PM : Apr 9, 2009. (CBS News)
The Economy's Worse Than You Think Apr 2, 2009
Seasonal adjustments to economic data are potentially misleading ... Thankfully, the official government number-crunchers apply seasonal adjustments to a variety of economic data ... The government gets optimisticUnfortunately, there are potential pitfalls to the practice of seasonal adjustments. (MSNBC -- Business)
* Economic decline slows: CEPD Mar 28, 2009
5 percent year-on-year last month after seasonal adjustment, pushing the overall monitor score from nine to 10. The central bank said on Wednesday that some people had channeled money from their time deposit accounts to passbook savings with part of the funds flowing to the stock market. (Taipei Times, Taiwan -- Sports)
Buffalo unemployment rate keeps rising Mar 27, 2009
The statewide unemployment rate for February, after seasonal adjustment, rose to 7. 8 percent, up from 7 percent in January highest level since June 1993. (Buffalo Business First, NY)
Texas Unemployment Rate Rises To 6.5% Mar 27, 2009
Without the seasonal adjustment, the Texas unemployment rate rose to 6. 6 percent in February from 6. (Click2Houston, TX)
First-time Home Buyers Drive February Sales Mar 24, 2009
Seasonal adjustment factors are more volatile in winter months, but sales rates over the past few months show dampened sales activity, according to NAR.. NAR chief economist, says first-time buyers accounted for half of all home sales last month, with activity concentrated in lower price ranges. (Realtor Magazine Online)
* Unemployment likely rose again Mar 23, 2009
33 percent after seasonal adjustment, the Directorate-General of Budget, Accounting and Statistics reported on Feb. 26. The statistics agency said the employment situation would deteriorate sharply last month after companies terminated short-term jobs created for the Lunar New Year holiday. (Taipei Times, Taiwan -- World Business)
Gov't says 'mass layoffs' soared in January Feb 28, 2009
But the figures were uglier without the seasonal adjustment: mass layoffs jumped to 3,806, from 3,377 in December and 1,647 in January 2008. The government seasonally adjusts many economic indicators to smooth out fluctuations resulting from weather changes, holidays and other predictable factors. (Madison Daily Leader, SD)
Mass layoffs affect 998 here in January Feb 27, 2009
But the figures were uglier without the seasonal adjustment: mass layoffs jumped to 3,806, from 3,377 in December and 1,647 in January 2008. In your voice. (Honolulu Advertiser)
* TIERs business climate confidence index rises slightly Feb 27, 2009
JANUARY BUMP-UP: The research institute said the rise could have been a seasonal adjustment and sentiment might decline again in the long term By Crystal Hsu STAFF REPORTER Friday, Feb 27, 2009, Page 12. Manufacturers and service providers confidence in their business outlook rebounded last month, buoyed by improved trade volume over the Lunar New Year holiday and the governments consumer vouchers, a local think tank said yesterday. (Taipei Times, Taiwan -- Sports)
Mass Layoffs Rising, New Report Shows Feb 26, 2009
But the figures were uglier without the seasonal adjustment: mass layoffs jumped to 3,806, from 3,377 in December and 1,647 in January 2008. President Barack Obama addressed the dire economic situation to Congress and the nation Tuesday, saying, "The impact of this recession is real, and it is everywhere." However, the president boldly declared: "We will rebuild, we will recover, and the United States of America will emerge stronger than before.". (CBS News)
Nashville consumer price index drops Feb 21, 2009
1 percent from December to January after seasonal adjustment, according to a separate release by the bureau. A 0. (Nashville Business Journal, TN)
Retail sales rise unexpectedly in January Feb 20, 2009
The ONS said it believed it had now resolved the seasonal adjustment problems that had dogged the December data and did not expect any significant revisions. (Editing by Andy Bruce). (International Herald Tribune -- Travel)
* Exports fell 44.1 percent last month Feb 10, 2009
The drop [in exports] after seasonal adjustment stood at 34 ... The drop [in exports] after seasonal adjustment stood at 34. (Taipei Times, Taiwan)
Online job ads fall 12% in January Feb 8, 2009
"We always see a trough from the first week of December through to February... even with the ABS (Australian Bureau of Statistics) seasonal adjustment," Olivier's director Robert Olivier said. "This year's figures show a steeper fall. "Some applicants may have had contracts come to an end at the end of the year or maybe they're looking for recession-proof jobs. (Sydney Morning Herald -- Business)
