One Thing I Do Understand About the Economy

One thing I do understand is a phenomenon that I have notices and has a plausible explanation.  Weekly reports of unemployment applications are invariably revised upward.  Monthly job creation reports are also invariably revised upward.

The explanation in both cases is that the reports are based on incomplete information.  Most unemployment applications or jobs created have been reported when the announcement comes in, but a few trickle in later, moving the number upward.