On: US employment falls by 818,000 in latest government revision

What mechanism do they use to overstate it?

> What mechanism do they use to overstate it?

Statistical illiteracy in American early (EDIT: primary) education. The magnitude of this revision, for example, is -0.5 percent.

> Statistical illiteracy in American early education.

This commentary isn’t necessary. It’s also odd, as no country teaches statistics in early education.

Magnitude of 0.5!!! Percent?

Anyone who makes estimation of economy with a tolerance of MAGNITUDE 0.5% should be fired.

You may be confusing magnitude [1] and orders of magnitude [2].

[1] https://en.m.wikipedia.org/wiki/Magnitude_(mathematics)

[2] https://en.m.wikipedia.org/wiki/Order_of_magnitude

Could have sworn I read " ... order of magnitude ..."

Won't bother to recheck, me that is.