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by Jerome a Paris
The FT is sophisticated enough to have its very own Statistics editor, Simon Briscoe, who does a great job every day to bring to light interesting numbers and present them in a way which is usually both illuminating and mathematically correct (i.e. not misleading).
He had written about the French youth unemployment rate before [link added], and provides a graph with the same information again, that bit which we have outlined before here: the 22% number widely quoted is indeed the "unemployment rate", but it does not say that 22% of young French people are unemployed, but 22% of active young people are unemployed.
UPDATE: Alex Harrowell over at A fistful of Euros has insightful commentary on the topic.
A eurotribber (after writing to the FT to ask them why they ignored the work of their own statistics editor, but not getting any reply) wrote to him to ask why his work was ignored by his colleagues, and here is his reply, copied with his kind permission:
"Thank you for taking the time to send the email.My experience of Briscoe's numbers is indeed that they provide usually interesting and often unexpected information in a clear way. It is nevertheless sad to see that his facts are ignored by his colleagues when they fly against "common wisdom", and it shows that we still have a lot of work in front of us...
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FT journalists - listen to your own statistician! | 22 comments (22 topical, 0 editorial, 0 hidden)
FT journalists - listen to your own statistician! | 22 comments (22 topical, 0 editorial, 0 hidden)
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