September Jos Reports (user search)
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The Duke
JohnD.Ford
Junior Chimp
*****
Posts: 9,270


Political Matrix
E: 0.13, S: -1.23

« on: October 08, 2004, 01:38:03 PM »

Payroll jobs report is down, but unemployment stays steady, and population trends can't be blamed.

Hmmm...

...COULD IT BE THAT EVERYTHING I'VE SAID FOR MONTHS NOW ABOUT SHIFTS IN EMPLOYMENT TRENDS AWAY FROM LARGE EMPLOYERS TO SMALL BUSINESS AND THE SELF EMPLOYED WAS TRUE, THAT THE HOUSEHOLD SURVEY IS THE ONLY SURVEY THAT NOW MATTERS, AND THAT EVERYTHING THE KERRY PEOPLE ARE SAYING IS CRAP!!!!!

Well, maybe.
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The Duke
JohnD.Ford
Junior Chimp
*****
Posts: 9,270


Political Matrix
E: 0.13, S: -1.23

« Reply #1 on: October 08, 2004, 03:39:26 PM »

NO John Ford e-bay is not a major employer.  I think the unemployment rate does not reflect the reality of unemployment in this country because it does not include many people that are unemployed that are looking for work.  I am unemployed but I'm not collecting unemployment benefits.  Plenty of people that have been looking for work are no longer counted and many people that would have entered the market are waiting.

I made no specific mention of ebay, only that more poeple than before are employed by small businesses or are self employed.  Employment levels at ebay are irrelevant to this point, since it is meant ot be general, not specific.

Rather than exclude those who don't have work but are looking, the unemployment rate ONLY calcualtes those people.  It is not based on how many people are recieveing unemployment benefits, either.  The rate is caalculated by the Labor Department's household employment survey.
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The Duke
JohnD.Ford
Junior Chimp
*****
Posts: 9,270


Political Matrix
E: 0.13, S: -1.23

« Reply #2 on: October 08, 2004, 03:56:46 PM »

is the household survey more accurate than the payroll survey

They don't measure the same thing.
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