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« ETF Update: Still Waiting and Employment Preview | Main | Weighing the Week Ahead: Mounting Worries »

June 03, 2010

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oldprof

MO -- Thanks for the words of encouragement. I have written about the imputation step a number of times, but perhaps the best description is here: http://oldprof.typepad.com/a_dash_of_insight/2009/12/whats-wrong-with-the-november-employment-numbers.html

I have been considering the problem of improving pointers to various resources and themes. Thanks for your question, which is nudging me along in that direction.

Jeff

MO

Hi Jeff,

Love your blog. Especially your detailed analysis of the BLS methodology is much appreciated. However, I would very much like if you could expand upon the following sentence from one of your earlier posts:

"I am concerned about the first part of the BLS estimation process, the imputation step"

Could you please elaborate? And perhaps also go into more detail about this apparently crucial step of BLS's nonfarm calculation?

Keep up the fantastic work!

Regards,
MO

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