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"America’s Bureau of Labour Statistics (BLS) has faced a real-terms cut of 20% since 2012. " I would be shocked to learn that data collection, retention, analy
by readthenotes1 2y ago
"America’s Bureau of Labour Statistics (BLS) has faced a real-terms cut of 20% since 2012. "
I would be shocked to learn that data collection, retention, analysis, and distribution costs haven't dropped by 50% or more since 2012.
(In the USA, the article does note that a real problem is some of the data is from unverified self-reported surveys and the response rate is low)
- astrange 2y agoIt doesn't matter if they're unverified as long as nothing external makes the rate of false responses change over time.
- dv_dt 2y agoSince the US never fixes problems like healthcare or housing costs, I wouldn't be surprised that any tech savings are more than swamped by the costs of keeping up with competitive wages and benefits. Good data analytical process still costs money and involves people
- astrange 2y agoHealthcare costs actually haven't been rising as much as they used to, for unclear reasons.