You’ll have missed this little brouhaha over the Thanksgiving weekend. We posted an evaluation of a deeply flawed (dare I say fabricated?) information evaluation from the Hoover Establishment.
Dated August seventh, it appeared to have been missed throughout the Summer time; it went viral lately.
One thing about it appeared off — California’s financial system is pretty strong, the biggest within the nation (If it had been a standalone nation, it might be a high 5 financial system). How may they be lagging nationwide job creation a lot? Somewhat digging by @TBPInvictus right here (he does wonderful work) led to some very apparent analytical errors.
Not that these errors stopped many politicos and even journalists from blindly repeating the error. “Rip & Learn” journalism nonetheless lives.
Michael Hiltzik of the L.A. Instances did a really thorough follow-up. Hoover has retracted the printed article. Its creator, Lee Ohanian, deleted his Twitter account. That is the second such time a primary ECON101 error appeared from this creator and this supply. (We could must dive deeper into the archive to see what else was flawed).
Journalists are suggested to cease parroting employed weapons for the Quick Meals business or different partisan gamers.
Beforehand:
By no means Combine Payroll and Family Survey Information (November 29, 2024)
Misunderstanding Seasonal Changes (June 10, 2024)
Sources:
The Hoover Establishment says all latest California job progress has been in authorities jobs. That’s fully flawed.
By Michael Hiltzik
La Instances, Dec. 3, 2024
California’s Companies Cease Hiring
by Lee Ohanian
Hoover, August 7, 2024
