Sunday, December 22, 2024

Data Collection Issues

Erosion of US Statistical Data
https://youtu.be/csCCzvLhMlI
 
BLS - Household and establishment survey response rates
https://www.bls.gov/osmr/response-rates/ 

Democracy’s Data Paradox
Data, the lifeblood of modern democracies, can also be their undoing when exploited by bad actors to spread misinformation. At a time when democracy itself is on the ballot in many countries, governments must ensure that truth prevails by investing in the creation of robust data infrastructure.
 
Can we trust official statistics? The data gaps shaping our view of the economy
In the US, it seems that the real change messing up official statistics has been a surge in immigration. That affects how responses in the Current Population Survey are weighted, and probably means a key measure of the labour market has understated its capacity to grow. Meanwhile, a different survey of employers suggests that employment growth is stronger. It will probably take until 2030 and the next census to resolve the puzzle.