{"id":195060,"date":"2008-07-31T17:56:00","date_gmt":"2008-07-31T22:56:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/07\/31\/bankruptcies-and-the-birth-death-adjustment\/"},"modified":"2008-07-31T17:56:00","modified_gmt":"2008-07-31T22:56:00","slug":"bankruptcies-and-the-birth-death-adjustment","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/07\/31\/bankruptcies-and-the-birth-death-adjustment\/","title":{"rendered":"Bankruptcies and the Birth\/Death Adjustment"},"content":{"rendered":"<p>When generating employment numbers, the Bureau of Labor Statistics (BLS)uses something called a Birth\/Death adjustment, which is supposed to account for small new businesses that it misses in its surveys.<\/p>\n<p>Well, the always quotable Barry Ritholtz has a question, <a href=\"http:\/\/bigpicture.typepad.com\/comments\/2008\/07\/what-do-bankrup.html\">is anyone at the BLS looking at the &#8220;death&#8221; part of the model<\/a>?<\/p>\n<p>Specifically, commercial bankruptcies are up 45%, but the BLS is still using their Birth\/Death model to <span style=\"font-weight:bold;\">increase<\/span> employment numbers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When generating employment numbers, the Bureau of Labor Statistics (BLS)uses something called a Birth\/Death adjustment, which is supposed to account for small new businesses that it misses in its surveys. Well, the always quotable Barry Ritholtz has a question, is anyone at the BLS looking at the &#8220;death&#8221; part of the model? Specifically, commercial bankruptcies &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[975,1023,992],"tags":[],"class_list":["post-195060","post","type-post","status-publish","format-standard","hentry","category-employment","category-labor","category-statistics"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/195060"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=195060"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/195060\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=195060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=195060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=195060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}