Archive for February, 2010|Monthly archive page

Fighting The Establishment Survey, January 2010

In Economy on February 11, 2010 at 12:36 AM

The Employment Situation Summary of February 5, 2010, released last Friday, has managed to turn heads and raise eyebrows. Namely, how is it that the unemployment rate declined, while payroll employment simultaneously declined? Preliminary estimate on payroll employment, pulling from The Establishment Survey, projected -20,000 jobs lost in January. Differingly, the unemployment rate, pulling from The Household Survey, estimated a drop from 10% in December to 9.7% in January.
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