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progree

(11,810 posts)
20. The survey week for both surveys is usually the week containing the 12th. So this report's survey was done Feb 10-14
Fri Mar 7, 2025, 03:22 PM
Mar 7

if the usual applies. So that was 3 to 3 1/2 weeks after Krasnov took office. I don't know how many federal workers had been fired by then.

The two surveys that go into these (usually) first Friday jobs reports are:

      # The Establishment Survey which produces the headline payroll jobs numbers (151,000 increase in this report)

      # The Household Survey which produces the headline unemployment rate (4.1% in this report), and several others such as labor force participation rate. The Household Survey is a monthly survey of 60,000 households. Note that this does NOT come from state unemployment insurance claims filings.

As for "unexpected" increase in unemployment rate (expected: 4.0%, same as in the prior month's report) - the article ( https://archive.is/PdAW7 ) doesn't say anything or any hint about it or what group of economists produced the forecast. But the MarketWatch Calendar's ( https://www.marketwatch.com/economy-politics/calendar ) economists also forecast a 4.0% rate (and as just reported, it came out to be 4.1%)

"The median forecasts in this calendar come from surveys of economists conducted by Dow Jones Newswires and The Wall Street Journal."


Just a couple bits of info.

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Gee 🤔 how'd that happen? underpants Mar 7 #1
Talk about a stupidly blind headline... sheesh NotHardly Mar 7 #19
Unexpectedly rose? SheltieLover Mar 7 #2
Exactly what I was about to say! ms liberty Mar 7 #3
The greedy sick billionaires want to normalize the lunatic in the WH so badly....... wolfie001 Mar 7 #5
Oh I don't trust anything they say SheltieLover Mar 7 #6
+33. Phony "expectations" intended to pre-manage our reactions. n/t Harker Mar 7 #11
Yeah, but that doesn't work here. SheltieLover Mar 7 #13
Right! We're not at home to weasels and their words. Harker Mar 7 #16
Definitely not! SheltieLover Mar 7 #17
Well all that firing................... Lovie777 Mar 7 #4
"If he were still president the headline today would be brutal." markodochartaigh Mar 7 #12
"Day one" Klarkashton Mar 7 #7
These are the kind of meh numbers that are not immediately obviously either honest or dishonest. Wiz Imp Mar 7 #8
There are different unemployment metrics though, markodochartaigh Mar 7 #14
So Unexpected North Coast Lawyer Mar 7 #9
Yes...but we're looking for 25% tariffs to really turn things around next month!! Bengus81 Mar 7 #10
Tens of thousands of laid-off government workers markodochartaigh Mar 7 #15
Whose expectations are these? AmericaUnderSiege Mar 7 #18
The survey week for both surveys is usually the week containing the 12th. So this report's survey was done Feb 10-14 progree Mar 7 #20
Gosh, I wondered what happened? NotHardly Mar 7 #21
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