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Chart making 101

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13 comments

  • Mr. Perfect

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  • Mr. Perfect
    This is only slightly worse than the stupid global warming hockey stick chart we've all seen.
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  • redneckandy
    I think the folks at BLS Need to go back to grade school..
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  • Alpine
    Ah! Public high school math, and those that failed it.
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  • mogley98
    Either way I'm not sticking my neck out, it only makes sense to have gone up 2.5 million with places reopening and REHIRING the people who got laid off. I don't see this as a true job gain but I am no economist. I think this is a ballyhood nothing IMHO
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  • chiefr
    People are going back to work and it pisses the DEMOCRAT off. 
    3
  • Mr. Perfect
    Barzillia said:
    It is pretty well clearly labeled a chart of change from previous month.

    And as such, it is entirely accurate.

    No. If it were showing the change properly, the little blue line would indeed have that checkmark shape, but the leg would only be 2.5 long, not the indicated 23.2. I bet it's fun watching you sight in a rifle scope.
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  • Mr. Perfect
    I think the folks at BLS Need to go back to grade school..

    I think the source data is fine, probably. The chart was made by someone who failed chartmaking at CNBC
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  • select-fire
    Bush Fuzzy Math
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  • Don McManus
    dj/dt = 2.5M when dt = 1, and t0 = April, and t1 = May.
    However, the chart is showing the change in the change in jobs, or d(dj/dt)/dt

    To compare it to position:
    if number of jobs = j, is analogous to x = position:
    dj/dt or change in the number of jobs over time, compares to dx/dt, change in position over time or velocity.
    d(dj/dt)/dt or change in the change of number of jobs over time compares to dv/dt or change in velocity over time, or acceleration.

    The chart is correct for what it is showing. 
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  • Mr. Perfect
    dj/dt = 2.5M when dt = 1, and t0 = April, and t1 = May.
    However, the chart is showing the change in the change in jobs, or d(dj/dt)/dt

    To compare it to position:
    if number of jobs = j, is analogous to x = position:
    dj/dt or change in the number of jobs over time, compares to dx/dt, change in position over time or velocity.
    d(dj/dt)/dt or change in the change of number of jobs over time compares to dv/dt or change in velocity over time, or acceleration.

    The chart is correct for what it is showing. 

    All that means is that the slope of the line is correct.
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  • Don McManus
    dj/dt = 2.5M when dt = 1, and t0 = April, and t1 = May.
    However, the chart is showing the change in the change in jobs, or d(dj/dt)/dt

    To compare it to position:
    if number of jobs = j, is analogous to x = position:
    dj/dt or change in the number of jobs over time, compares to dx/dt, change in position over time or velocity.
    d(dj/dt)/dt or change in the change of number of jobs over time compares to dv/dt or change in velocity over time, or acceleration.

    The chart is correct for what it is showing. 

    All that means is that the slope of the line is correct.
    Exactly.  As are the starting point (20.7M lost in April) and the ending point, (2.5M gained in May).
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  • redneckandy
    I think the folks at BLS Need to go back to grade school..

    I think the source data is fine, probably. The chart was made by someone who failed chartmaking at CNBC

    I was going with the assumption that the BLS made the chart and CNBC borrowed it.
    0

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