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To: GST who wrote (132629)10/5/2001 11:43:21 PM
From: Oeconomicus  Read Replies (1) | Respond to of 164687
 
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

Click on the first two check-boxes and then hit "Retrieve Data" at the bottom.

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