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Payroll Jobs UP; Household Jobs DOWN
This is the reverse of what happened a number of times in 2004.The payroll survey showed an increase of 262k in employment. The household survey showed a decrease of 97k in employment. Industry Payroll Employment (Establishment Survey Data) Total nonfarm payroll employment increased by 262,000 in February to 132.8 million, seasonally adjusted, following smaller gains in the prior 3 months. Construction, manufacturing, and several service-providing industries added jobs. Unemployment (Household Survey Data) In February, both the number of unemployed persons, 8.0 million, and the unemployment rate, 5.4 percent, returned to their December levels after dipping in January. Posted by: mhw 2005-03-04 |
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