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94,000 jobs—with 150,000 needed to keep up with population.
Mar. 13, 2004 George W. Bush
"And last month (February) marked the sixth consecutive month of increased employment in America. ... With the right policies in Washington, we will maintain America's economic leadership, we will create more jobs, and we'll help our workers achieve a better life."
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Greenspan: It's the payroll jobs you have to follow.
Feb. 22, 2004 Alan Greenspan, Chairman of the Federal Reserve Board
"I wish I could say the household survey were the more accurate. Everything we've looked at suggests that it's the payroll data which are the series which you have to follow."
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Bush Economist: If fast-food is manufaturing, ...
Feb. 17, 2004 N. Gregory Mankiw, Chairman Council of Economic Advisors
The definition of what constitutes manufacturing is far from clear. For example, when a fast-food restaurant sells a hamburger, is it providing a service or combining inputs to manufacture a product?
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BLS Commissioner: Payroll survey more reliable.
Sep. 5, 2003 Kathleen P. Utgoff, Commissioner, Bureau of Labor Statistics
"It is our judgement that the payroll survey provides more reliable information on the current trend in wage and salary employment."
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CBO: Payroll data better reflects the state of the labor markets.
Aug. 2003 Congressional Budget Office
"The establishment survey [payroll data] better reflects the state of labor markets, the Congressional Budget Office believes"
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http://zfacts.com/p/523.html | 01/18/12 07:27 GMT
Modified: Mon, 17 Apr 2006 05:43:55 GMT
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