The household-survey seasonally-adjusted employment-to-population ratio jumped a surprisingly large amount in January: from 58.6% to 58.8%. The household-survey not-seasonally-adjusted employment-to-population ratio fell a surprisingly small amount in January: from 58.5% to 58.1%. The seasonal-adjustment factor did its standard recent thing for January: jumped from -0.1%-point to -0.7%-point: We had this surprising dip in raw employment-to-population … Continue reading The Employment Report: Friday Focus: February 7, 2014