Understanding the data

The Department of Labor posts their own employed totals in three basic formats that I have found so far.

The are:

Problem is, they all seem to be based on samples.

And that includes this report that those unfamiliar with the data will use to say that there are plenty of jobs out there:

It too is based on samples

So, when I want to know how many jobs have been created over the previous year, I turn to the IRS databook because these numbers are based on the actual number of returns that were submitted.

If you know of a better source, I would like to hear about it.

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