FEATURED POST
October 7, 2024
Hiring in an age of uncertainty
There were a few data signals going into Friday’s blockbuster jobs report that many market watchers and economists missed.
Layoffs, as measured by a rolling four-week average of initial jobless claims, hit their lowest level in more than a year and a half. August showed an uptick in job openings, a hint that companies were about to ramp up hiring. And September’s ADP National Employment Report suggested that a rebound in private-sector hiring was under way.
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August 28, 2024
The correlation between bad practices and spuriousness
by Tim Decker
People today have access to more data than ever before, and correlations can be a useful way to identify relationships. What follows is a lesson in how to get them wrong.
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