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I love the simplicity of that model.
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When the data is released on Friday, one major measure of employment will be revised up. Another will be revised down. Some historical numbers will be revised, but others won’t. And the updates, though part of a routine process, will be taking place in a political environment where both sides have at times expressed skepticism of government economic statistics
Link: https://www.nytimes.com/2025/02/06/business/economy/jobs-report-revisions.html
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Good for you.
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