1. Raymond W. Stone Stone & McCarthy Research Associates Presentation: University of Richmond November 19, 2004 Topics Relating to Employment Statistics

2. Household Survey vs Establishment Survey

3. Definitional Differences Between Surveys Household Survey: Self-Employment Household Workers Doesn’t Count Multiple Jobs Holders Subject to Population Adjustments

4. Sample Differences Household Survey Captures responses from roundly 60,000 households each month Establishment Survey Based on a sample of roundly 390,000 establishments Accounts for about 37% of all employment

5. Adjusted Household Series vs Establishment

6. Some Explanations Accounting For Divergence Undercounting of Self Employment Changes in Turnover Rates Role of Illegal Immigrants

7. Basics of Payroll Estimates Inferences From Sample Birth/Death Estimate Seasonal Adjustment

8. How Accurate Have the Payroll Estimates Been? Yardstick of success in estimating payrolls is the size of the annual benchmark revision

9. How About The Accuracy of the Monthly Payroll Estimates

10. Do the Monthly Seasonally Adjusted E Estimates Suffer Biases?