Friday, February 9, 2018

Lawler on Prime Working Age Population

CR note: Earlier this week, I wrote Prime Working-Age Population At New Peak, First Time Since 2007 . As I noted, my graph was based on data from the BLS. Housing economist Tom Lawler pointed out that the BLS data doesn't match the Census data. He wrote: "The reason the BLS population data don't jive with the latest Census population estimates is that there have been numerous and in some cases sizable revisions in population estimates from those first reported, and the BLS does NOT go back and adjust historical data for revisions. In re last decade, there were a string of downward population......(read more)
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