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Sunday, November 7, 2010

About Declines and Increases

Business Insider breaks up the glossed over numbers as seen in headlines.

With a really fantastic headline number coming from the Establishment Survey, we thought we’d take a closer look at the other side of the coin. The Household Survey showed the following today:

a decline of 330,000 in the number of people employed;
• a decline of 254,000 in the labor force;
• a decline in the employment-population ratio to 58.3% from 58.5% in September;
• an increase of 462,000 in those not in the labor force; and
• an increase of 76,000 in the number of people unemployed...............

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