GST, we were mixing data. The 199k loss was in the seasonally adjusted number which, until September, was actually flat YTD. After the revised August numbers, which also hit today, YTD was a loss of only 2k jobs (yesterday it showed as a 36k loss). With September, the YTD loss is 201k.
On a not seasonally adjusted basis, payrolls are 132,511,000, down 723k from December 2000's seasonal high, but up 100k from the year ago number (Sept-Sept SA comparison shows a gain of 120k) and up 330k from August (August appears to be a seasonal low, which makes sense).
So, we seem to have more people working this fall (so far, of course) than a year ago. Is there something screwed up about these numbers? How can that be?
If these numbers are correct (and I assume they are, though some might say they are lies;-), then where is this 2 million number coming from. Did you read it somewhere?
146.142.4.24
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Bob
PS: Here's the official word on the effects, or lack thereof, on Sept. employment stats from the attacks.http://stats.bls.gov/web/cesspec.htm |