SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DizzyG who wrote (617258)9/3/2004 3:58:58 PM
From: DuckTapeSunroof  Read Replies (2) of 769670
 
The payrolls figure and the unemployment rate can sometimes offering differing impressions of the labor market because they are derived from two separate statistical surveys.

The unemployment rate is calculated from a survey of around 60,000 households in which people are asked to state whether they have jobs or are looking for work. The unemployment rate in August fell as the labor force shrank by 152,000 from the previous month.

The survey used to calculate the payroll figure — seen as a better barometer of the labor market's health by many economist — is based on information from about 160,000 businesses and government agencies, covering roughly 400,000 individual work sites.

story.news.yahoo.com

<The slight change in the unemployment rate was ENTIRELY due to more people giving up the hunt for jobs....>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext