Taming Volatile Raw Data for Jobs Reports – New York Times 10-05-12

Salient to Investors:

The jobs number is tremendously volatile and no one takes it at face value – especially so when the economy is making a turn or regular seasonal patterns start to change.

Historically, employment numbers for workers between 20 and 24 years old drop sharply in September – by an average 398,000 from August to September since 1948.

No political appointees currently serve in the Bureau of Labor Statistics: employees are career civil servants.

Read the full article at http://economix.blogs.nytimes.com/2012/10/05/explaining-the-big-gain-in-job-getters/?nl=todaysheadlines&emc=edit_th_20121006