[lbo-talk] strong jobs report
Gary?
sladeg at verizon.net
Fri Apr 2 07:32:59 PST 2004
From: "John Lacny" .
>
> Also, the report says that the 308,000 jobs were created, but that the
unemployment (5.7%) and labor force participation rates remained the same.
Can someone explain to me how this happens statistically? What variable am I
missing? Is it something obvious? I don't quite get it and could use a bit
of a primer.
>
>
"While it would seem odd that the unemployment rate rose despite a jump in
payrolls, the two numbers are generated by separate surveys. The
unemployment rate comes from a survey of households, which found that
179,000 people entered the labor force in March, resulting in a higher
unemployment rate. "
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