March employment and the Census

Friday, December 9, 2011

Calculated Risk runs the numbers and says if employment grows 200,000 in March, that's a pretty weak report. I'm inclined to agree, since March's number has to make up for the blizzard-suppressed February number, but at the same time perhaps beggars should not be choosers. I'm a little puzzled at CR's attitude toward Census workers. Beginning in March the Census Bureau will start hiring workers by the gajillions. CR calls this a "distortion" to the data. I say a job's a job - if Congress had passed a big jobs bill that created the same number of jobs, would CR call that a distortion?

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