true -- a 1/10 decrease in one month could also be faulty statistics.  however,
the fact that the rate did not go up with all the announcements of layoffs is a
surprise.  maybe i'm getting brain washed by cnnfn.  maggie coleman

Jim Devine wrote:

> At 09:55 PM 06/03/2001 -0500, you wrote:
> >The unemployment rate fell by a tenth last month, instead of going up as
> >everyone predicted.
>
> part of the problem is that month-to-month changes in the unemployment rate
> have a low signal-to-noise ratio.
>
> Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine


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