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Politics : Stockman Scott's Political Debate Porch
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To: crdesign who wrote (12693)2/7/2003 10:22:26 AM
From: pogbull  Read Replies (1) of 89467
 
Revision to the way unemplyment numbers are calculated
bls.gov

Revisions to Household Survey Data

Effective with the release of data for January 2003, a number of
changes affect estimates from the Current Population Survey (CPS), or
household survey. These changes were undertaken to benchmark the survey
data to more current estimates of the U.S. population; to adopt new
standards for data on race, ethnicity, industry, and occupation; and to
improve seasonal adjustment procedures. In addition, the data reflect
updated seasonal adjustment factors and revisions to historical seasonally
adjusted data. The following describes these changes in more detail and
provides information regarding their impact on the survey estimates. As
discussed below, a one-month change in weighting procedures makes data for January not strictly comparable with data for both prior and subsequent
months.
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