US Jobs up in both surveys
Payroll survey +146k
Household survey +163
its unusual to get the two so close
----------below from the BLS------------
Nonfarm employment increased by 146,000 in June, and the unemployment rate continued to trend down, reaching 5.0 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Over the month, payroll employment continued to grow in several industries, notably professional and business services and health care.
Unemployment (Household Survey Data)
The jobless rate in June was 5.0 percent, seasonally adjusted. It has trended downward since February 2005 and is now 1.3 percentage points lower than its most recent high in June 2003. The number of unemployed persons was little changed over the month at 7.5 million, but is down by 1.7 million since June 2003.
Posted by: mhw 2005-07-08 |