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xchrom

(108,903 posts)
Fri Feb 7, 2014, 11:48 AM Feb 2014

By One Measure, This Was A Stupendous Jobs Report

http://www.businessinsider.com/january-household-survey-strong-2014-2

***SNIP

But the other part is the Household Survey, where they ask households whether they gained/lost jobs in the month.

And that side of this report was amazing.

From the report:

After accounting for the annual adjustment to the population controls, the civilian labor force rose by 499,000 in January, and the labor force participation rate edged up to 63.0 percent. Total employment, as measured by the household survey, increased by 616,000 over the month, and the employment-population ratio increased by 0.2 percentage point to 58.8 percent.

Got that? Households reported 616,000 new jobs in the month, and the participation rate rose. And unemployment fell from 6.7% to 6.6%. And the unemployment rate for those with only a high school education fell from 7.1% to 6.5% in one month!
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By One Measure, This Was A Stupendous Jobs Report (Original Post) xchrom Feb 2014 OP
ummmmm.....ok. nt clarice Feb 2014 #1
k&r... spanone Feb 2014 #2
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