Why It’s Tough to Place the Poverty Line

Whether calculating the poverty rate in Rwanda or in the U.S., the income and/or consumption variables you select determine your results.

The Reason Jobs Numbers Don’t Have to be Real

Hearing the unemployment rate and jobs creation numbers, we should know the numbers weren’t real because the BLS seasonally adjusted them.

Jobs Questions

Hearing that the U.S. economy gained 243,000 jobs last month, wouldn’t you think that there were 243,000 more jobs? NY Times financial journalist Floyd Norris explains that actually, the economy LOST 2,689,000 jobs. But, it would be misleading for the…

Marriage Data

When a valid research study with dependable numbers says the marriage age has climbed to historic heights, should we assume its conclusions are valid? Not necessarily. In Economix, Catherine Rampell describes the problem. Her story begins with a Pew Research…

Real Statistics

How high is Mount Everest? No one really knows. China says 29,017 feet, Nepal, 29,028, and the National Geographic Society, 29,035. We don’t even agree about sea level. The U.S. uses the St. Lawrence River in Quebec. But the U.K…