The employment data found in this report is predominantly sourced from government conducted surveys, as well as from the Bureau of Labor Statistics (BLS). For more information, please visit the BLS.
When is the next update?
The Bureau of Labor Statistics (BLS) releases employment data monthly; however, the most recent data is usually 4-5 weeks lagged. The below table lists upcoming BLS release dates - Mployer Advisor publishes the data 4-5 business days after the BLS release date.
How are Metropolitan Areas defined?
Metropolitan/Micropolitan areas, collectively referred to as Core-Based Statistical Areas (CBSAs), are defined by the United States Census Bureau as being a conglomerate of one or more counties that surround an urbanized cluster, whose population exceeds 10,000 or more inhabitants. To review the complete crosswalk of counties to CBSAs, please visit this link.
What is seasonally vs. non-seasonally adjusted data?
Employment varies considerably in regular, predictable, seasonal patterns. For example, we would expect the number of ski lift operators to be much higher in the Winter months than in the Summer months. Seasonally adjusted data attempts to smooth out these patterns via complex algorithms so that comparisons can be made between different months. Please note, recessionary and expansionary business cycles are not smoothed out by seasonal adjustments; we would expect to see the unemployment rate significantly increasing month over month during a recession.
Who qualifies for being employed or part of the labor force?
The labor force population includes all people aged 16 and older who are classified as either employed or unemployed. Generally speaking, individuals are classified as “employed” if they worked at least one hour as an owner or paid employee of a business, and those who are temporarily absent from their employer (vacation, sick leave, FMLA, etc.). Conversely, the “unemployed” include those without jobs who are actively seeking work and those who were laid off but expect to be recalled.