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Registered
Join Date: May 2001
Location: Peoples Republic of Long Beach, NY
Posts: 21,140
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The Fed #s for payroll is not the whole pic. The household/small business #s aren't figured. Both #s gyrate somewhat independently.
so looking at part of the whole pic is better than no info. I like to average both for a clearer pic. I think that the actual monthly trend #s is what's important.. and I think keeping below the 6% unimployment is necessary for a strong economy..
I could never figure out why Calif has 28% of the employed working Off the books ?
ie: they don't pay any taxes.
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