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If you zoom in on the FRED graph, you can see the recent rebound participation rate peaked in March, and has started a (slight) decline in the last quarter.
by WillPostForFood 4y ago
If you zoom in on the FRED graph, you can see the recent rebound participation rate peaked in March, and has started a (slight) decline in the last quarter.
- ajross 4y agoDon't do that. You're literally interpreting noise as signal. Look at the random wiggles elsewhere in the graph, they're the same size as the thing you're trying to interpret meaning from. Economics data just doesn't work on the timescale you want it to.