The Bureau of Labor Statistics adjusts monthly data on employment to smooth out routine seasonal changes. In 10 of the last 12 months, the BLS has adjusted its numbers by more than one standard deviation from its historical average. Standard deviation is used to measure how far from the average a data point falls to determine how abnormal the data are.
What's new on AEI
|Making Ryan's tax plan smarter|
|The teacher evaluation confronts the future|
|How to reform the US immigration system|
We invite you to join us for two panel discussions on how Augustus created order from chaos 2,000 years ago, and what makes for durable domestic and international political systems in the 21st century.
Please join us for a book launch event and panel discussion about how a marketplace of education options can help today's students succeed in tomorrow's economy. Attendees will receive a complimentary copy of the featured book.
Please join us for a luncheon event in which our panel will discuss what conservatives can learn from how liberals talk and think about the safety net and where free-market economics, federalism, and social responsibility intersect to lift people out of poverty.