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  • US: Excluding Government, Year-Over-Year Employment Is Negative 9 Straight Months

    From mishtalk.com

    I did a deep dive into the latest jobs report this weekend. Here are some interesting numbers. chart Except where noted, charts in this post are from the BLS Household Survey. The unemployment rate is from the same survey. It’s important to not mix the Establishment Survey (Nonfarm Payrolls) with the Household Survey. Year-over-year comparisons are best done with Not Seasonally Adjusted (NSA) numbers. For month-over month comparisons, it is mandatory to use Seasonally Adjusted numbers.: Change in Employment Excluding Government: chart I created the above chart by subtracting the year-over-year change in ... (full story)

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