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The Therapy Sessions
Thursday, April 08, 2004
 

Lost jobs?


Dale Franks:
Tim Kane writes in the New York Times that claims of 2 million jobs lost since 2001 may be quite overblown. In fact, with 138.3 million Americans working, that's 600,000 more people than when Bush was inaugurated.

Once again, the problem lies in the difference between the establishment survey, and the household survey. This article is a very good primer on the differences between the two, and the shortcomings they have in telling us the specifics about employment.

Very true.


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