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+162K Jobs, May and June Revised Lower; Household Survey

MishTalk

Establishment Survey: +162K Jobs, May and June Revised Lower; Household Survey: +227K; Part-Time Jobs +103,000. The establishment survey showed a gain of 162,000 jobs. Payrolls +162,000 - Establishment Survey. US Employment +227,000 - Household Survey. US Unemployment -263,000 - Household Survey. Zero Hedge.

Survey 75
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Mish's Global Economic Trend Analysis: Survey on Impact of.

MishTalk

Survey on Impact of Obamacare on Corporate Hiring; Businesses Far More Pessimistic vs. March. SageWorks conducted an interesting survey on corporate hiring plans of private businesses in March and again recently. Lets start with a look at results from the June 25 to July 16 survey, collecting responses from 300 accountants.

Survey 72
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Nonfarm Payrolls +288,000, Unemployment Rate Drops to 6.3%; Household Survey Employment -73,000, Labor Force -806,000

MishTalk

Initial Reaction This month sported another amazing difference between the household survey and the payroll survey. The headline number from the payroll survey beat expectations by a mile with 288,000 jobs, but beneath the surface, the household survey shows employment declined by 73,000. 288,000 vs. -73,000 is massive.

Survey 76
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It’s Not “Time Management.” It’s Lean.

Markovitz Consulting

Of course, software firm 37 Signals has been operating four-day work weeks over the summer since 2008. Indeed, a recent survey by the Society of Human Resource Management indicates that fifteen percent of companies offer a 32-hour workweek.

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Establishment Survey +173K Jobs, Private Jobs +140,000; Unemployment Rate 5.1%

MishTalk

Initial Reaction The establishment survey came in a weaker than expected 173,000 job. percent which is below the low end estimate and the lowest of the recovery, since April 2008. to 5.1% - Household Survey U-6 unemployment: -0.1 to 5.1% - Household Survey U-6 unemployment: -0.1 The unemployment rate fell 2 tenths to 5.1

Survey 28
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272000 Full-Time Jobs Lost - Mish's Global Economic Trend Analysis

MishTalk

Establishment Survey Jobs +195K; Household Survey +160K; Part-Time Jobs +432,000; 272,000 Full-Time Jobs Lost. The establishment survey showed a gain of 195,000 and that is a very respectable number. However, the household survey shows a more modest gain of 160,000 jobs. Payrolls +195,000 - Establishment Survey.

Trends 77
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Employment vs. Jobs Discrepancy - December 2013 Data

MishTalk

Employment Discussion Before diving into the details, it is important to understand limits on data, and how the BLS measures jobs in the establishment survey vs. employment in the household survey. Establishment Survey : If you work one hour that counts as a job. Household Survey : If you work one hour or 80 you are employed.

Data 76