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Nov 11, 2021Liked by Matthew C. Klein

Love the breakdown of wealth change chart in particular

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Matt - I really love your graphs! But one thing that I consistently struggle with is your usage of "Contributions to change in ....." graphs

Whenever I see these graphs I always end up asking myself "But what are the contributions of each category to the current makeup"?

e.g. You have a graph here on "'Change' in Payroll employment since February 2020" which shows "Leisure" as a separate category. And I am asking myself how much do "Leisure" payrolls currently make of total payrolls as of today? - I think its relevant because a category making up 20% of the current structure causing a 5% change in total is very different from a category making up 10% and causing a 5% change in total. Hope it makes sense!

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very helpful - can you explain a bit about how you tease out misclassified unpaid absences? or of course point me to where you already did?

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