Economy

Why I Don’t Put Too Much Weight on the State Level Household Survey Employment Series

Just a picture:

Figure 1: Civilian employment from Jan. ’24 release (blue), from Oct. ’23 (tan), May ’22 (green), 000’s, s.a. Source: BLS via FRED.

This wide variation is not specific to the post-pandemic period. See here, citing Wolfers.


Source link

Related Articles