Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (108053)	2/8/2010 8:14:53 AM
From: Paxb2u	Respond to of 116555

Guess they will have to get it right before the census data comes out. They would have to be some what close, No ? Peace

To: mishedlo who wrote (108053)	2/8/2010 10:20:16 AM
From: rich evans	Respond to of 116555

Both the payroll and household surveys are needed for a complete picture of the labor market. The payroll survey provides a highly reliable gauge of monthly change in nonfarm payroll employment. The household survey provides a broader picture of employment including agriculture and the self employed. Latest trends in payroll and household survey employment S easonally adjusted, numbers in thousands 1 Payroll survey estimates for December 2009 and January 2010 are preliminary and subject to revision. 2 The effects of population control revisions in January 2000 and January of 2003-10 have been smoothed out in the historical household survey employment estimates used here; thus, the changes shown above will differ from those calculated using the official estimates in the Employment Situation and in the public database available on the BLS w ebsite. See Appendix for further explanation. 3 This is a research series created from household survey employment to be more similar in concept and definition to payroll survey employment. Household survey employment is adjusted by subtracting agriculture and related employment, nonagricultural self employed, unpaid family and private household workers, and workers absent without pay from their jobs, and then adding nonagricultural wage and salary multiple jobholders. The effects of population c ontrol revisions also have been smoothed out in the historical data in this series. 4 The Business Cycle Dating Committee of the National Bureau of Economic Research (NBER) has designated December 2007 as the most recent business cycle peak. NBER has not yet determined an endpoint for the recession that began in December 2007. Reference period Payroll survey employment 1 Household survey employment 2 Adjusted household survey employment 3 Over-the-month change December 2009-January 2010 -20 785 841 Over-the-year change January 2009-2010 -4,022 -3,660 -4,031 Since the business cycle peak 4 December 2007-January 2010 -8,424 -6,670 -6,786