Friday, July 5, 2013

Sorry Zero Hedge, Part Time Isn't Unequivocally At An All Time High

The high not-seasonally-adjusted was in early 2010
It's an axe to grind at Zero Hedge, here, that usually part-time is at an all time high. In the seasonally-adjusted category, it is. But not according to the raw not-seasonally-adjusted numbers.

What are you going to believe, the government's "model", or the raw numbers? 

Clearly it is politically expedient for Zero Hedge to follow the government model because it gives them something to say against the government today.

We don't need a number to say Obama sucks, who has sucked from the beginning when Zero Hedge voted for him and then kept on sucking.

The seasonally-adjusted high from early 2012 is now barely beaten