Forget about the 190,000 job loss seen in the establishment survey, the household survey lost a whopping 558,000 jobs in October. The difference per The Big Picture:As we have discussed all too many times, the Household survey measures:Agriculture and related employmentUncompensated WorkersUnpaid Family EmployeesPart Time WorkersWorkers absent without pay from their jobsSelf employed, Work-at-home ContractorsNone of which are counted in the Establishment (Non-Farm Payroll) Survey. Yes, a jump o....
EconomPic Data
