Comments: America's employment puzzle

David

Another thought on this issue. The employment report you quote is one of two reports on employment. The non-farm employment solicits information from existing employers. This has usually been the standard for reports on the economy. It is based on a monthly survey of net job changes at 400,000 companies, called the establishment survey. The Bureau of Labor Statistics also counts monthly job changes through a less sweeping survey, one based on interviews with 60,000 households.

Based on the January 12th New York Times, "The household survey has employment rising by 689,000 jobs in the Bush years". Maybe the US is seeing more people create their own jobs through startups and self employment.

Posted by Gary Bezowsky at January 12, 2004 09:51 PM
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