US household versus establishment employment surveys

on Dec 03, 2023 05:16:AM

Here’s a great chart from BMO showing the consistent jobs growth in the establishment survey compared to the household survey showing net job losses since June.On a 6-month moving average basis, this dragged the household survey’s payrolls growth to just 32k, and even the establishment survey’s 6-month moving average has slipped to effectively its lowest […]