How Seasonality Affects Our View of Inflation and Jobs, as Explained With Hot Dogs

The article discusses how seasonal adjustments to economic data can change how the data is interpreted.

How Seasonality Affects Our View of Inflation and Jobs, as Explained With Hot Dogs

Did the U.S. add half a million jobs in January or did it lose 2.5 million?

The government said both happened—but investors and policy makers cared about the seasonally adjusted

Increase of 517,000

.