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Old 10-06-2012, 10:16 AM   #66
Jailblazers7's Avatar
Join Date: Jul 2006
Location: Pittsburgh, PA
Posts: 20,893
Default Re: Unemployment Drops Below 8%, Conservatives Cry Conspiracy

Originally Posted by shlver
Not sure either as the BLS refuses to reveal how they seasonally adjust numbers, but a .3% drop in unemployment rate is unlikely and I expect a revision.

I think they stopped reveal the exact adjustment factors they use but I'm pretty sure they use an x-12 ARIMA model for seasonal adjustments. I dont have a ton of experience with the ARIMA model so i cant do much to clarify but there is info out there that you can google if you really want to know.
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