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« Deficits: What is the meaning for the individual investor? | Main | Weighing the Week Ahead: Fixation on the Fed »

March 31, 2010

Comments

oldprof

Rower -- The BLS offers so many different subsets that it can be confusing. The second value that you cite is for "production and non-supervisory" employees, so it is not just private vs. government or total.

I guess it might help in analyzing whether work is getting to the bottom level, but I admit that it is not a focus on my own analysis.

Congratulations on making the effort to look deeply into the data!

Jeff

Rower32

Jeff,

When I look at Table B (http://www.bls.gov/news.release/empsit.b.htm) on BLS website, there are two different average weekly hours number. One for all employees, which was up 0.1 to 34 and other is the one for total private which also was up 0.1, but it was 33.3 in March.

Some commentators use the first one, some use the other. Which one do you think a better predictor of the employment situation? Does it really matter? How do you interpret the differences between the two. Thanks in advance.

tony

you guys do some of the best research I follow. Nice work.
I will be pouring over the data on Sunday, but wanted to know if you had any opinion of the jobs report that was released

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