Household employment
Aug. 25th, 2004 05:42 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
weaktwosI acquired this from the Bureau of Labor Statistics site discussing employment trends. The household employment rate was said to increase quite a bit, according to some sources. Here's what they say when discussing the increase in the household employment rate:
The upward trend in household employment since the end of the 2001 recession has been largely a
function of the estimated growth in population. That is to say, the household survey has not shown an
increase in the proportion of the population that is employed. In fact, the employment-population ratio
has declined since 2001: it was 64.3 percent at the start of the recession (March 2001) and 63.0 percent
at the trough. The ratio declined further in 2002 and 2003. In recent months it has edged up, reaching
62.5 percent in July. (See additional information on the recent household survey population control
adjustments below.)
That's a little interesting.
The upward trend in household employment since the end of the 2001 recession has been largely a
function of the estimated growth in population. That is to say, the household survey has not shown an
increase in the proportion of the population that is employed. In fact, the employment-population ratio
has declined since 2001: it was 64.3 percent at the start of the recession (March 2001) and 63.0 percent
at the trough. The ratio declined further in 2002 and 2003. In recent months it has edged up, reaching
62.5 percent in July. (See additional information on the recent household survey population control
adjustments below.)
That's a little interesting.
