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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (657709)	11/5/2004 11:10:05 AM
From: DavesM	Respond to of 769670

Jake it is very good news. In fact, it means the payroll numbers have increased by over 2.1 million in 14 months. The numbers suggest that the first term of the Bush Administration may actually end with a net gain of jobs in the payroll survey. If you do not 'adjust' the numbers there are now (132,990,000) 2.5 million more people actually receiving a payroll than January, 2001 (130,433,000). Seasonal adjustments are what people are talking about when they talk about a net loss of jobs. Adjusted jobs now stand at 132,017,000 versus 132,388,000 (January 2001). Of course, you probably already know, that Government employment numbers are based on two sets of numbers: 1. The "Household Survey" (which is used to calculate the unemployment rate) shows that 139,778,000 people are currently employed (140,447,000 unadjusted) which means roughly 2,000,000 more people are employed and working now, than January 2001 (137,790,000). 2. The "Establishment Survey" which shows a net decrease of 370,000 jobs (seasonally adjusted) since January 2001.