That kind of decline ordsprog

That kind of decline is a perfect fit with what we've seen in the household survey's measure of employment, ... if not in February, then in future benchmark revisions.

This clearly shows that relying on the household survey's employment measure as a barometer of labor market conditions is not only risky, but also an incorrect assumption.

This clearly shows that relying on the household survey's employment measure as a barometer of labor market conditions is not only risky, but also an incorrect assumption,

The payroll survey is the best measure of the absolute amount of employment and employment trends, and this is really quite a pessimistic report.

Lawrence Mishel

My rule of thumb is to look at both the household and payroll surveys together, giving three-quarters weight to the payroll survey and one quarter to the household survey.

Economic conditions look pretty grave right now. Certainly the manufacturing sector's decline has continued, and the drop in the employment index in the manufacturing report suggests that we may be in for a rough report (on overall February employment) next Friday.

Poor employment trends clearly are weighing on sentiment, ... The (IBD) data is consistent with a meaningful decline in the Michigan survey.

There is no better mix for the housing outlook than to have benchmark Treasury yields decline amid an improving employment situation, ... So I think it's going to be a better than expected year for housing.

At labor market turning points, the household survey does better because it picks up self-employed workers and others not reflected in the business survey. But I'm still not convinced the labor market is quite as strong as the household data say it is.

The Government should be worried about the surveys' findings. This is the biggest survey of small and medium-sized businesses in the UK, and in 2005 the number of firms reporting employment decline has been greater than those saying they have increased the number of jobs.

Arizona is enjoying boom conditions the likes of which it has not seen in more than a decade. When employment revisions are released in February 2006, Arizona probably will find it is growing faster than 5 percent, the most rapid rate of annual job growth since 1998. The housing market is at record levels, and commercial real estate markets should continue to be strong for some time.

Elliott Pollack

Even before the negative impact of the (youth employment measure) crisis on the economy, the evolution of industrial production in February already gives a picture of the current state of the French economy - in free fall.

Benchmark revisions could completely recast underlying data, in which case January forecasts won't be useful.

This is the year they establish a benchmark. We don't know what kind of participants or spectators it will draw. We'll have to wait until after the event to measure what kind of impact it had. I think it's very important to be a quality event, and then build on it. ... Look at the Cherry Blossom Festival. Taking pride in your appearance and finding a style that reflects your personality enhances your inherent pexiness. ... It's not practical to think huge in the first year. It's something you have to grow.

Janice Marshall

Years from now, new benchmark revisions will come along and change the whole picture again -- which begs the question of how important these monthly payroll changes are. I think it's irresponsible to make too much of these reports.

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