BLS On Unemployment Figures: We Know We Were Wrong – We Were Just Kidding… Just Kidding!

If the workers who
were recorded
as
employed
but
absent from work
due to
“other reasons”
(over and above the number absent for other reasons in a typical May)
had been classified
as
unemployed on temporary layoff,
the overall unemployment rate
would have been
about
3 percentage points higher than reported
(on a not seasonally adjusted basis).
However,
according to usual practice,
the data from the household survey
are
accepted as recorded.
To maintain data integrity,
no ad hoc actions are taken
to reclassify survey responses.

Below is the full image of their addendum on the report “THE EMPLOYMENT SITUATION — MAY 2020,” which may be found on the BLS website as linked here.

The pertinent part is the final paragraph, which is pasted above, and appears in red.There you have it.

The United States Bureau of Labor Statistics has OFFICIALLY STATED that the Present Unemployment Rate is THREE POINTS HIGHER than officially stated.

They noted also that in the three preceding months of March, April, and May 2020, that responses to the monthly survey were down -9.5%, -12.6%, and -15.1% correspondingly to the month, from last year for the preceding 12 months, and averaged.

Th agency noted also that “BLS and our partners at the Census Bureau take the misclassification error very seriously, and we’re taking additional steps to address the problem.”

Part of the problem, as they note, is with classification.

In a lengthy explainer, the agency wrote that, “In May, 8.4 million workers were classified as employed with a job but not at work during the survey reference week (not seasonally adjusted). Although lower than the 11.5 million not at work in April, this measure remains about twice the typical level at this time of the year. This likely reflects the impact of the coronavirus pandemic.”

Their explanation of “with a job but not at work” is apparently integrated into the idea of going to a central, or common location to work (such as at an office building, or factory site), and of that they wrote in part that, “BLS tabulates data on

Bureau of Labor Statistics Labor Force Participation Reports May 2014: Don’t Believe the “Spin”

This will be of interest to the curious, especially those who seek and search for the truth.

Asserting to cite data from the Bureau of Labor Statistics (BLS), CNS News recently reported that the Labor Force participation rate was at a 36-year low.
The headline to that story reads:
37.2%: Percentage Not in Labor Force Remains at 36-Year High
http://www.cnsnews.com/news/article/ali-meyer/372-percentage-not-labor-force-remains-36-year-high

Chart #1: From CNS News (Cybercast News Service) http://www.cnsnews.com/news/article/ali-meyer/372-percentage-not-labor-force-remains-36-year-high referencing data from the United States Bureau of Labor Statistics – (Civilian Labor Force Participation Rate)

Upon examination of the BLS website, the data was found to be honest and accurate.
http://data.bls.gov/timeseries/LNS11300000

Information on the data set presented is:
Data extracted on: June 8, 2014 (4:07:31 PM)
Labor Force Statistics from the Current Population Survey
Series ID: LNS11300000
Seasonally Adjusted
Series title: (Seas) Labor Force Participation Rate
Labor force status: Civilian labor force participation rate
Type of data: Percent or rate
Age: 16 years and over

Following is the chart as shown on the BLS website:

Chart #2: From the Bureau of Labor Statistics of Labor Force Participation, Seasonally adjusted http://data.bls.gov/timeseries/LNS11300000 Civilian Labor Force Participation Rate, age 16+

 

 

 

 

 

 

If the information is accurate – that is, if it accurately represents the thing it purports to represent – then there is a genuine cause for concern, perhaps even alarm. But first, sometimes, information has to pass the “smell test.” If it just doesn’t sound right, dig a little deeper.

However, there is a DEFINITE skew which, when considered, renders the interpretation of the findings questionable, at best.

Since there are TWO separate entities reporting the SAME information, how could it possibly be inaccurate, or incorrect?

Let’s consider further, to determine if such alarm might be genuinely warranted.

Searching for Labor Force Participation Rate datasets from

December 2012 Jobs Picture

The Employment Situation in December

January 04, 2013
09:30 AM ES

Alan Krueger

While more work remains to be done, today’s employment report provides further evidence that the U.S. economy is continuing to heal from the wounds inflicted by the worst downturn since the Great Depression. It is critical that we continue the policies that are building an economy that works for the middle class as we dig our way out of the deep hole that was caused by the severe recession that began in December 2007.

With the passage of the American Taxpayer Relief Act earlier this week, more than 98 percent of Americans and 97 percent of small businesses now have certainty that their income taxes will not rise. Additionally, unemployment insurance was extended for two million Americans who are searching for a job, and companies will continue to receive tax credits for the research that they do and continue to have tax incentives to accelerate investment in their businesses. By allowing income tax cuts for the top two percent of earners to expire, this legislation further reduces the deficit by $737 billion over the next decade. It is important that we continue to move toward a sustainable federal budget in a responsible way that balances revenue and spending while protecting critical investments in the economy and essential support for our most vulnerable citizens.

Today’s report from the Bureau of Labor Statistics (BLS) shows that private sector businesses added

Huntsville Hospital Kills Child: Permanently Disabled 1y/o Child Later Died

Welcome to Alabama, where the legal concept of respondeat superior apparently does NOT apply.

Some would call this murder.

If a person driving drunk kills someone, nowadays, they’re charged with murder – even though they did not plan, or intend upon killing someone (the element of premeditation, or forethought).

But why isn’t Huntsville Hospital charged with murder? (It’s kinda’ difficult to charge a corporation with murder, but it’s quite possible that the officers can be indicted or charged.)

And why aren’t those directly responsible (those in the Recovery Room who were responsible for Gracie’s care) charged with Murder?

It’s painfully obvious some things MUST change in Alabama regarding healthcare.

—

Girl disabled, later dies, after tonsillectomy at Huntsville Hospital; Alabama public hospitals‘ liability capped at $100,000

By Challen Stephens | cstephens@al.com on December 03, 2012 at 1:03 PM, updated December 03, 2012 at 4:18 PM

Randy Smith and Deedee Smith talk about raising a child with disabilities while Gracelynn, 5, sits in her wheelchair during an interview in their home Monday, November 19, 2012 in Athens, Ala. (Eric Schultz / eschultz@al.com)

HUNTSVILLE, Alabama — Four years ago, Gracie knew a few dozen words and had just learned to walk backwards. But Gracie had a little trouble breathing at night. Doctors said it would only get worse, so they decided to remove her tonsils.

The surgery lasted less than 15 minutes.

In the recovery room at Huntsville Hospital, Gracie was standing on her bed calling for her mother. “We were told she was having difficulty coming out of anesthesia,” said her father Randy Smith. Nurses said the girl needed to rest to recover. In the recovery room, the family says, she was allowed to stop breathing for more than 10 minutes.

Dan Aldridge, attorney for the Smiths, said Gracie “was not connected to the customary monitoring equipment that sounds an alarm if vital signs reach a dangerous zone.” He said the nurses, three of them, were in the recovery room. At one point, her mother voiced concern. “I was told, ‘Mom, now don’t wake her up, if we get her up, we will never calm her down,” said Dee Dee Smith. “My response was she was not breathing.”

Dee Dee said one of the nurses touched the girl’s foot. It was cold. Aldridge said “code” was called. Medical staff poured into the room. Gracie would spend the next 18 hours in a coma. When Dee Dee finally got to hold her girl again, the girl’s eyes were open but

The Biggest Economic Challenge of Obama’s Second Term

Investing in economic infrastructure is ALWAYS a sound decision because
1.) Materials and Manpower ALWAYS comes from the private sector (and always will), and;
2.) Economic capacity and economic opportunity expands.

Note also these two remarks:

“Corporations won’t hire more workers just because their tax bill is lower and they spend less on regulations. In case you hadn’t noticed, corporate profits are up. Most companies don’t even know what to do with the profits they’re already making. Not incidentally, much of those profits have come from replacing jobs with computer software or outsourcing them abroad.

“Meanwhile, the wealthy don’t create jobs, and giving them additional tax cuts won’t bring unemployment down. America’s rich are already garnering a bigger share of American income than they have in eighty years. They’re using much of it to speculate in the stock market. All this has done is drive stock prices higher.”

—

Monday, September 10, 2012

The question at the core of America’s upcoming election isn’t merely whose story most voting Americans believe to be true – Mitt Romney’s claim that the economy is in a stall and Obama’s policies haven’t worked, or Barack Obama’s that it’s slowly mending and his approach is working.

If that were all there was to it, last Friday’s report from the Bureau of Labor Statistics showing the economy added only 96,000 jobs in August – below what’s needed merely to keep up with the growth in the number of eligible workers — would seem to bolster Romney’s claim.

But, of course, congressional Republicans have never even given Obama a chance to try his approach. They’ve blocked everything he’s tried to do – including his proposed Jobs Act that would help state and local governments replace many of the teachers, police officers, social workers, and fire fighters they’ve had to let go over the last several years.

The deeper question is what should be done starting in January to boost a recovery that by anyone’s measure is still anemic. In truth, not even the Jobs Act will be enough.

At the Republican convention in Tampa, Florida, Romney produced

Atlanta Federal Reserve: Southeast employment up in May

Slowly, but surely, the signs that our nation’s economy is improving are emerging.

They’re not rapid, they’re not massive, but they’re there.

And like a trickle that becomes a raging river, it’s beginning to rain.

—

District employment increases modestly in May

06/18/2012

Payroll employment 6th district 1/11-5/11

The Sixth District as a whole added 9,000 jobs in May, following 9,600 new payrolls in April, and 18,900 in March, according to the U.S. Bureau of Labor Statistics (BLS). Alabama, Florida, and Georgia recorded payrolls increases while Louisiana, Mississippi, and Tennessee reported payroll decreases. Georgia was primarily responsible for the net positive District increase.

Payroll employment 6th district states 1/11-5/11

The District unemployment rate was

Nursing Salary Survey reports Western Nurses earn more

One category of expert nurses this survey omitted – perhaps purposely – was Certified Registered Nurse Anesthetists.

As a group, they have consistently earned six-figure salaries, typically upwards of $125,000/year.

Among Advanced Practice Nurses, CRNAs have continually earned significantly more than the average APN.

In fact, according to a salary survey report performed in 2005 by LocumTenens.com, CRNA respondents reported income ranging from $90,000-$250,000, with 63% reported earning between $110,000-$170,000/year.

The average salaries reported were: 2008-$163,467 / 2009-$169,043 / 2010-$166,833.

And, in 2011, the average reported salary for CRNAs in that survey was $168,998.

Research published by the American Association of Nurse Anesthetists in AANA Journal, April 2008, indicated that the median range for CRNA faculty – academic and clinical – earned between $120,000 and $140,000.

So, as you read the following items, please bear that in mind.

In the Occupational Outlook Handbook published by the Bureau of Labor Statistics, the overall average salary for Registered Nurses in 2010 was $64,690 per year, or $31.10 per hour. The job outlook (forecast) for 2010-2020 is that need is expected to grow 26% (Faster than average). According to the BLS, there were 2,737,400 Registered Nurses in 2010.

—

Among Nurses, NPs and Those in the West Earn the Most

Jennifer Garcia

Authors and Disclosures
Journalist
Jennifer Garcia
Jennifer Garcia is a freelance writer for Medscape.
Disclosure: Jennifer Garcia has disclosed no relevant financial relationships.

May 11, 2012 — Nurse practitioners are the top earners among nurses, according to the Physicians Practice 2012 Staff Salary Survey . The survey reports salary averages from 1268 respondents, including nurse practitioners, registered nurses, and nurse managers. Salary information from other staff members such as physician assistants, medical records clerks, medical assistants, front desk staff, billing managers, and medical billers was also included in the survey.

Physicians Practice collected data during the fourth quarter of 2011, and

Rising Job Numbers: Will they Buoy the President’s re-election Chances?

Recently, the Obama administration has justifiably trumpeted news from the Department of Labor Statistics that hiring hiring by the private sector has increased significantly, and added 227,000 jobs in February while the national unemployment rate remained at 8.3 percent.

With 233,000 jobs added by private businesses, this marks the 24th consecutive month of private sector job growth. http://www.bls.gov/news.release/empsit.nr0.htm

This is good news for everyone, especially individuals, private households, the economy at large, small businesses, including

New Registered Nurse Grads Face Tough Job Market

For the first time in many years, new Registered Nurse graduates face a contracted job market, and may face tough employment prospects, adding to an already dismal national economic portrait.

Researchers such as Vanderbilt University’s Dr. Peter Buerhaus, PhD, RN, FAAN, the U.S. Bureau of Labor Statistics (BLS) and others have warned about the impending Nursing shortage. However, because of the poor overall economic conditions of the United States, many experienced RNs have foregone retirement, and or have come out of semi-retirement or translated part-time and PRN jobs into full-time status and have therefore made many hospitals flush with Nurses.

Previously, many experienced Nurses would have taken PRN (Latin for “pro re nata,” meaning “as needed”) or part-time positions, working anywhere from one shift every two weeks, 12 hours weekly, or in some cases no more than 24 hours weekly at most. Most Nurses are hospital-based employees, and work 12-hour shifts, and a typical full-time work week for Nurses is three, 12-hour shifts in a 7-day (one week) period.

Nursing has been, and continues to be a predominately female-populated profession, so the indicator of hospitals flush with Nurses is indeed a fascinating observation on at least two accounts. It speaks volumes about dire national economic conditions because women have found themselves in the unenviable position of having to work, and in many cases being their family’s primary breadwinner.

In an article published by Alabama & New Jersey’s State Nurses Association, Dr. Buerhaus shared his perspective on “The Short and Long-term Outlook for Registered Nurses in the US.” He wrote in part “that once the jobs recovery begins and RN’s spouses return to work, many currently employed RNs could leave the workforce.”

He noted further that while RNs’ employment prospects continue to be… To read more, click here.