Article

2004-09-03 Home Front: Politix

Payroll employment up; Labor force down in Aug

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by mhw 2004-09-03 10:53:51 AM|| || Front Page|| [2 views since 2007-05-07] Top

#1 Number of civilians employed January 31, 2001: 137,581,000
Number of civilians employed August 31, 2004: 139,681,000
Number of jobs gained: 2,100,000

Graphs here and here.

Posted by Chuck Simmins 2004-09-03 12:02:08 PM|| [http://blog.simmins.org] 2004-09-03 12:02:08 PM|| Front Page Top

#2 OK Chuck

but 131,475,000 is the estimate for the number of payroll jobs in Aug 2004 and 132,388 is the estimate of payroll jobs in Jan 2001.

We've been over the difference between the household and the payroll numbers before.

Posted by mhw 2004-09-03 12:12:40 PM|| 2004-09-03 12:12:40 PM|| Front Page Top

#3 But the unemployment rate is based upon the household survey, isn't it?

This news release presents statistics from two major surveys, the Current
Population Survey (household survey) and the Current Employment Statistics
survey (establishment survey). The household survey provides the
information on the labor force, employment, and unemployment that appears
in the A tables, marked HOUSEHOLD DATA. It is a sample survey of about
60,000 households conducted by the U.S. Census Bureau for the Bureau of
Labor Statistics (BLS).

The establishment survey provides the information on the employment,
hours, and earnings of workers on nonfarm payrolls that appears in the
B tables, marked ESTABLISHMENT DATA. This information is collected from
payroll records by BLS in cooperation with State agencies. The sample
includes about 160,000 businesses and government agencies covering ap-
proximately 400,000 individual worksites. The active sample includes
about one-third of all nonfarm payroll workers. The sample is drawn
from a sampling frame of unemployment insurance tax accounts.

BLS

The household survey shows an increase of 21,000 for August and an increase of 629,000 jobs for July.

The number of unemployed is at its lowest level since November 2001.

Posted by Chuck Simmins 2004-09-03 1:08:56 PM|| [http://blog.simmins.org] 2004-09-03 1:08:56 PM|| Front Page Top

#4 Yes the unemployment rate is based on the household survey.

The payroll survey, by definition, is not going to give an estimate of the number of the unemployed.

Posted by mhw 2004-09-03 1:13:32 PM|| 2004-09-03 1:13:32 PM|| Front Page Top

19:36 UFO
19:36 UFO
13:26 Slomorong Choque7331
10:25 RJSchwarz
08:53 Shipman
08:52 Shipman
01:33 lex
01:17 GreatestJeneration
01:13 Ricky bin Ricardo (Abu Babaloo)
01:10 Phil Fraering
01:06 GreatestJeneration
00:29 Barbara Skolaut
00:28 tu3031
00:28 tu3031
00:23 UFO
00:19 Aris Katsaris
00:13 lex
00:12 Zarathustra
00:06 lex
00:03 lex
23:57 cingold
23:55 SCpatriot
23:52 Phil Fraering
23:52 trailing wife