----- Original Message ----- From: "Erik Reuter" <[EMAIL PROTECTED]> To: "Killer Bs Discussion" <[EMAIL PROTECTED]> Sent: Wednesday, March 24, 2004 8:39 PM Subject: Re: Household vs. payroll employment
> On Wed, Mar 24, 2004 at 08:40:19PM -0600, Dan Minette wrote: > > > 4) The estimation of the growth in population since 2000 has been > > overdone. > > > > It appears that the Federal Reserve is looking at #4 as the most > > likely. > > BLS revised it in January 2000, 2003, and 2004 for population > control. Was the Fed talking about the numbers as revised in 2004, or > pre-revision? The quote you referenced was Feb 11, but the BLS article I > referenced was 2004 Mar 5. I'm not 100% sure, but I'm guessing that Greenspan would have some sort of idea of what the announced change would be. Even if that isn't true, the difference between the payroll numbers and the household numbers is roughly 7x that revision, so would just slightly decrease the discrepancy. Dan M. _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
