CES Preliminary Benchmark Announcement
Preliminary tabulations for the first quarter 2004 indicate that the March
2004
total nonfarm payroll employment estimate will be revised upward by approximately
236,000 or 0.2 percent. Over the past decade, benchmark revisions have averaged 0.3
percent. The
benchmark will be released on February 4, 2005 with the release of January 2005 data.
Benchmark revisions are a standard part of the payroll survey estimation process. The
benchmark adjustment represents a once-a-year re-anchoring, based on March data, of
sample-based employment estimates to full population counts available through unemployment
insurance (UI) tax records filed by nearly all employers with State Employment Security
agencies.
Last Modified Date: October 8, 2004
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