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Politics : PRESIDENT JOHN FORBES KERRY
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To: longnshort who wrote (935)3/14/2004 9:04:09 PM
From: CalculatedRisk  Read Replies (1) of 1017
 
Your statement on employment is incorrect. The household survey is not valid for total employment. The actual non-farm payroll is 130.153 million.

"I wish I could say the household survey were the more accurate," Alan Greenspan, the Fed chairman, said in congressional testimony on Feb. 11. "Everything we've looked at suggests that it's the payroll data which are the series which you have to follow." NYTimes, Feb 23, 2004
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