I'm not sure if this is the biggest statistical discrepancy in govt. history but, if not, it is at least in the top ten.
per the report from the survey of business establishments
Nonfarm employment was little changed (+32,000) in July
per the report from the survey of households
Total employment rose by 629,000 to 139.7 million in July, and the employment population ratio--the proportion of the population age 16 and over with jobs--increased to 62.5 percent. The civilian labor force also increased over the month, rising by 577,000 to 147.9 million, and the labor force participation rate rose to 66.2 percent.
It seemed to me that earlier this decade the household report was a precusor not the other way around but I haven't done a study - |