Statistic Struggle, Pt. 2
In which Rat asks questions
Good time of day, humans!
As promised, we’re talking about statistics again.
Transcript:
Human: — There has been a huge revision to the labor market statistics.
Human: — Now it appears the situation is much worse than we thought.
Rat: — What makes you think the data is good now? It’s only certain we know even less than before.
If there’s a huge discrepancy between different pieces of empirical data, something might be wrong with your whole theory.
Earlier:
Input 500 new jobs with 500 jobs lost and and the result is an increase in labor participation of 1000 workers
Thankfully they are government statistics, everyone knows their information is infallible.