Friday, August 4, 2017

Labor market model updates

There were some labor market data releases today, including the civilian labor force ("prime age") and the unemployment rate. So I've updated the graphs (including the one in this discussion of forecast stability). The black points are the new data. I added the RMS error to the unemployment rate change graph as well.




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Also, try to avoid the use of dollar signs as they interfere with my setup of mathjax. I left it set up that way because I think this is funny for an economics blog. You can use € or £ instead.