Battle of the Employment Surveys: With New Insights from BrightQuery
Former JPMorgan Global Chief Economist (Ph.D. in Economist) & Current BrightQuery Chief Economist
Photo by GettyImages
Some economy watchers have been surprised by the faster employment growth recorded by the U.S. Establishment Survey, ES (used to compute non-farm payrolls) versus the Household Survey, HS employment (used to calculate the national unemployment rate). The Bureau of Labor Statistics,…
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