BLS Birth-Death Payroll Model 99.9% Correct, as Usual

posted by Michael Lewis on September 08, 2017

Found in US, categorized in Macro

Tags: FMI michael lewis payroll birth-death model

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It happens all too regularly: when payroll job results come in outside some expectations, and particularly when those results are stronger, a cadre of analysts and pundits accuse the birth-death model of distorting the results.


FMI’s commentary on the BLS Payroll Birth-Death Model. 

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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