Seasonal adjustment and the jobs report

The Bureau of Labor Statistics adjusts monthly data on employment to smooth out routine seasonal changes. In 10 of the last 12 months, the BLS has adjusted its numbers by more than one standard deviation from its historical average.  Standard deviation is used to measure how far from the average a data point falls to determine how abnormal the data are.

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Poverty in America—and What to Do About It
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Tuesday, July 29, 2014 | 10:00 a.m. – 12:00 p.m.
Is Medicare's future secure? The 2014 Trustees Report

Please join AEI as the chief actuary for Medicare summarizes the report’s results, followed by a panel discussion of what those spending trends are likely to mean for seniors, taxpayers, the health industry, and federal policy.

Friday, August 01, 2014 | 10:30 a.m. – 12:00 p.m.
Watergate revisited: The reforms and the reality, 40 years later

Please join us as four of Washington’s most distinguished political observers will revisit the Watergate hearings and discuss reforms that followed.

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