Figure 5. Ratio of MSE of proposed seasonally adjusted estimate (varies by p) to MSE of original seasonally adjusted estimate
Variance of idiosyncratic CES error p = 0 p = 0.01 p = 0.1 p = 0.5 p = 1

0.00001

0.001534 0.011968 0.103237 0.506510 1.012153

0.00002

0.001535 0.011972 0.103225 0.506495 1.011971

0.00003

0.001540 0.011973 0.103234 0.506528 1.012037

0.00004

0.001541 0.011974 0.103235 0.506506 1.012021

0.00005

0.001541 0.011974 0.103233 0.506514 1.011936

0.00006

0.001541 0.011974 0.103225 0.506484 1.011767

0.00007

0.001538 0.011965 0.103206 0.506449 1.011703

0.00008

0.001539 0.011965 0.103206 0.506447 1.011717

0.00009

0.001540 0.011969 0.103212 0.506462 1.011763

0.00010

0.001540 0.011968 0.103212 0.506432 1.011765

0.00025

0.001539 0.011970 0.103181 0.506152 1.011421

0.00050

0.001538 0.011985 0.103184 0.506320 1.011678

0.00075

0.001536 0.011976 0.103126 0.506090 1.011361

0.00100

0.001537 0.011977 0.103136 0.506138 1.011490

0.00125

0.001541 0.011982 0.103139 0.506136 1.011385

0.00150

0.001558 0.011985 0.103143 0.506233 1.011348

0.00175

0.001555 0.011977 0.103134 0.506274 1.011391

0.00200

0.001557 0.011965 0.103177 0.506355 1.011532

0.00225

0.001564 0.011975 0.103191 0.506388 1.011423

0.00250

0.001569 0.011989 0.103204 0.506465 1.011534

0.00275

0.001568 0.011995 0.103202 0.506411 1.011537

0.00300

0.001572 0.012000 0.103223 0.506459 1.011602

0.00325

0.001572 0.012000 0.103221 0.506440 1.011643

0.00350

0.001574 0.011999 0.103220 0.506405 1.011734

0.00375

0.001570 0.012002 0.103217 0.506386 1.011834

0.00400

0.001577 0.012010 0.103221 0.506430 1.011837

Note: MSE = Mean squared error; CES = Current Employment Statistics.

Source: U.S. Bureau of Labor Statistics.