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<blockquote data-quote="DriveInDriѵeOut" data-source="post: 1187769" data-attributes="member: 44954"><p>It comes in announcements on tv? lol. </p><p></p><p>Listen..... The unemployment numbers are based on 2 different surveys. The household surveys have a pool of about 60,000 people, so therefore are less reliable. The payroll surveys use about 557,000 job sites, so obviously are more reliable, however it takes a lot more time to analyze all that data. </p><p></p><p> The BLS starts collecting data every month as soon as the first pay period is complete, but because lots of workplaces send out paychecks every two weeks rather than every week, this doesn’t happen until nearly halfway through the month. That doesn’t leave much time before the jobs report comes out early the next month, and many businesses can’t get their payroll information submitted in time. So the BLS revises the figures once, and then a second time over the next two months as more and more employers get their data in. </p><p></p><p>They're not just "lying". Good Lord.</p></blockquote><p></p>
[QUOTE="DriveInDriѵeOut, post: 1187769, member: 44954"] It comes in announcements on tv? lol. Listen..... The unemployment numbers are based on 2 different surveys. The household surveys have a pool of about 60,000 people, so therefore are less reliable. The payroll surveys use about 557,000 job sites, so obviously are more reliable, however it takes a lot more time to analyze all that data. The BLS starts collecting data every month as soon as the first pay period is complete, but because lots of workplaces send out paychecks every two weeks rather than every week, this doesn’t happen until nearly halfway through the month. That doesn’t leave much time before the jobs report comes out early the next month, and many businesses can’t get their payroll information submitted in time. So the BLS revises the figures once, and then a second time over the next two months as more and more employers get their data in. They're not just "lying". Good Lord. [/QUOTE]
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