Quick question: if a 0.3 percent decrease in unemployment in May (2011) was a noteworthy trend, how come a 0.3% increase isn’t equally noteworthy? If a .3% change is noteworthy then the statistics watchers should have caught that one as a leading indicator before the job market crashed.
Had the watchers paid as close attention to that tiny drop way back when, we might have been able to make the necessary changes when it was easy and cheap.
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