http://krugman.blogs.nytimes.com/2012/03/09/seven-lean-years/
…
hahaha because all economic relationships are continuous at an infinitely small point, because there are quantitative functions to which economic laws conform given universal economic constants- This isn’t science! Meanwhile, Krugman’s claims on job numbers [“OK, definitely a better jobs report than we have become used to. And terrific news for Obama; another six months of news like this and he’ll be in very good shape for reelection.”] are contradicted by this:
Gallup Finds February US Unemployment Jumps Most Since 2010, Third Consecutive Monthly Increase
“[T]he reality is that in February unemployment, that measured by the impartial polling agency Gallup, soared by 0.5%, the most since late 2010, from 8.6% to 9.1%, and back to August 2011 levels.”
Well, Gallup could also have measurement error.
Gallup could have made an error. However, this seems to be a forecast. There is a problem in that the rate is seasonally unadjusted which, I’m guessing, means that there are some mitigating factors that are unaccounted for. The article I posted seems to make the argument that more people are looking for jobs now than before which would mean a higher unemployment rate. I guess I’ll have to wait for corraborating sources, then.