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A Tale of Two Employment Surveys

The U.S. economy added a solid 175000 jobs in May, but the unemployment rate rose to 7.5% from 7.6%.
Why the unemployment rate go up, employers added more jobs?
Because the government is doing a survey to find out how many new jobs, another survey, determine the unemployment rate. These surveys can sometimes produce different results.
Called a salary survey. It requires the most is how many big companies and government agencies, he in a month. The number of the survey have or lose their job. Salary in May this year, according to the survey, the company added 178000 jobs, as well as federal, state and local governments shed 3000.
The other is a family survey. Government workers asked whether adults in a family has a job. Those who don't ask whether they are looking for one. If so, they think the unemployment. If they don't, they don't consider part of the labor force is not counted as unemployed. Household surveys to produce monthly unemployment.
In may this year, the family of the survey, 420000 people to start looking for a job. This is a good one million head, they are their job prospects and more confident. Almost three-quarters of people found work. But the rest of the no, so unemployment rising from 101000 to nearly 101000. This is enough to make the unemployment rate increases.
Capture farm workers and salary investigation, household survey, self-employed people and people to work for new company. It also captures small businesses hire a better job.
But monthly household surveys from more volatile. Department of labor, only 60000 units, a small part of the more than 1 million U.S. households.
, by contrast, salary survey, aimed at information from 145000 companies and government agencies - about a third of the non-agricultural employees they hire. Employers form sent to a labor department or fill out the online survey, points out that how many people they employ. They also provide the salary, working time and other details.
Most americans pay more attention to unemployment, from household surveys. But economists generally likes to work form from the salary survey. They note that surveys are often even with the passage of time.



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