» Weather: How Big the Payroll Effect? Decision Economics

Weather: How Big the Payroll Effect?

Posted January 10, 2014 by rvillareal

The unusually large number of people “with a job” but unable to work because of bad weather (273,000 versus a December Bloomberg average of 138,000) revealed by the “household” survey has been widely noted–with suspicions that it helps explain the unexpectedly small December “payroll” survey employment increase. [private]US_14-0110_E2[/private]