[lbo-talk] Krugman: Tax cut twice as big a scam as you thought

[C. G. Estabrook]

Thanks, Doug.  As I read the charts you directed me to, there are 2
million fewer jobs in the US than there were when Bush became president.
That would seem to argue some fairly serious distress, reported or not.
Can war fever and a stoked fear of terrorism overcome that?  --CGE

On Fri, 9 May 2003, Doug Henwood wrote:


> C. G. Estabrook wrote:
> 
> >Where does one find the absolute number of jobs in the American economy,
> >say by month, and the trend in that number?  --CGE
> 
> The BLS does two monthly surveys, one of households and one of
> employers (the establishment survey). A person holding two jobs would
> count as one employed person in the h.h. survey, and two jobs in the
> establishment survey. The household survey is where the monthly
> unemployment figures come from; the establishment survey is where the
> headline number ("the U.S. economy lost 55,000 jobs in April...")  
> comes from. The establishment survey is a very large sample - 300,000
> establishments, compared to 60,000 for the h.h. survey.
> 
> You can get historical stats for both surveys through
> <http://www.bls.gov/news.release/empsit.toc.htm>. The "A" tables are
> the household, the "B" the establishment.
> 
> Doug ___________________________________
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>