Heavily revised growth for November and December 2021. 800k jobs removed in June and July. The late 2021 revisions may be late reporting, or the BLS’s Seasonal Adjustment ARIMA models thrashing around, combined with the Benchmark Revision. The seasonal adjustment would explain the balancing drop in mid-year: The ARIMA model must rob Peter to pay… Read more » Read More
Posts Categorized: Payroll Survey
Payrolls Earnings: January 2022
Average hours worked per week dropped in January Read More
State and Metro Employment – Wage Rates: December 2021
The Bureau of Labor Statistics’ December Payroll Survey … Read More
State and Metro Employment – Jobs Growth: December 2021
States recovery from the Covid pandemic by selected industries, through December 2021. Read More
Payrolls Survey: Jobs Growth of 1,763,000 in July
The Bureau of Labor Statistics’ July Payroll Survey reported a seasonally adjusted gain of 1763,000 jobs, 1462,000 in the private sector. Read More
Payrolls Survey: Jobs Growth of -20.5Million in April
The Bureau of Labor Statistics’ April Payroll Survey reported a seasonally adjusted gain of -20500,000 jobs, -19520,000 in the private sector. Read More
Payrolls Survey: Jobs Growth of 225,000 in January
The Bureau of Labor Statistics’ January Payroll Survey reported a seasonally adjusted gain of 225,000 jobs, 206,000 in the private sector. Read More