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Wait, the U.S. economy actually lost 1.2 million jobs in July? | Wonkblog

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The complex picture presented by the surveys of the Bureau of Labor Statistics on unemployment and making sense of what they mean

01/07/2012

The Department of Labor's Bureau of Labor Statistics has two surveys the payroll survey of 400,000 establishements is the emplyer survey and gives the number of jobs added in nonfarm payrolls. The other survey is the Household survey which is based on 600,000 households and gives the unemployment rate. The number of jobs added in the employer survey of payrolls is revised sometimes by hundreds of thousands. The unemployment rate is based on the number of people looking for jobs. If people are discouraged and stop looking the unemployment rate may look better, and conversely if people feel encouraged and start looking the rate can be worse. The unemployment rate can also look better even when jobs are coming in at less than the 125,000 jobs a month that account for population growth to keep the unemployment rate stable.

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Jobs Data Show Sustained Growth

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Depsite the latest jobs report, we’re still losing the unemployment war - The Washington Post

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Wonkbook: Don’t read too much into the May jobs numbers - The Washington Post

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The Labor Department jobs numbers in March 2012 that reflect the U.S. Federal Reserve's expectation of weak jobs growth in 2012

04/06/2012

U.S. Labor Department numbers showed 137,000 jobs added by private companies in March 2012, and 1000 job cuts in government.

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Candid Criticism for Fed That Wasn’t on the Agenda

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Four Common Unemployment Myths

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Wonkbook: Don’t read too much into the May jobs numbers - The Washington Post

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Wait, the U.S. economy actually lost 1.2 million jobs in July? | Wonkblog

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Fed Acts to Fix Jobs Market

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U.S. Labor department job reports for 2012

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Jobs Data Show Sustained Growth

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The Hiring Hare Will Soon Morph Into a Tortoise

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Depsite the latest jobs report, we’re still losing the unemployment war - The Washington Post

Washington Post 02/04/2012

Wait, the U.S. economy actually lost 1.2 million jobs in July? | Wonkblog

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High unemployment and declining wages in the U.S.: 2010-2012

01/01/2010

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OECD report cites rising income inequality - The Washington Post

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Low Pay Clouds Job Growth

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No longer the land of opportunity - The Washington Post

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Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones

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The world economy: Wealth without workers, workers without wealth

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Falling Wages at Factories Squeeze the Middle Class

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Whats the real U.S. unemployment rate in November 2011, 11% or less than 9%? Its 11%!

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U.S. government statistics don't count long term unemployed who have stopped looking for work. Ed Luce of the Financial Times, says the figure is about 11% for the U.S. in Nov. 2011, when you include these people, which is the right number to look at. Also relevant are the underemployed, including this group brings the rate closer to 20%, reflecting the real situation in the U.S.

Grouped Articles

More Men in Prime Working Ages Don't Have Jobs

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It's Still Bad for the Long Term Unemployed

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Yellen’s Not on Team Krueger When it Comes to Inflation and the Unemployed

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In Tepid Wage Growth, a Potent Sign of a Still-Fragile Economy

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Hiring Is Strong and Jobless Rate Declines to 6.1%

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Wonkbook: The real unemployment rate is 11 percent - The Washington Post

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Why high unemployment and the high percentage of the long term unemployed is determining U.S. Federal Reserve interest rate policy in 2012-2014

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With 40% of the unemployed in the U.S. shown as long term unemployed, mismatch in skills and other structural problems with unemployment, the U.S. Federal Reserve policies of Fed chairman Bernanke are geared to addressing this problem.

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Stimulus and the Depression: The Untold Story

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Fed Affirms Easy-Money Tilt

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Bernanke Plays Down Link Between Jobless Rate, Fed Moves

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Economy May Be Getting Its Wings Clipped

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ADP Jobs Estimates for the US- 2010-2014

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Jobs Data May Be Icing on America's Birthday Cake

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Zero for August

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Strong ADP Jobs Gain Needs Grain of Salt

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Overheard

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The Noise on Jobs Keeps Fed Guessing

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