Friday, December 4, 2009

Women's Share of Payrolls

Women were 49.86% of payroll employment in October. Total October payroll employment was over 131 million (a revision of last month's report -- I said total employment had to get below 131 million before women's share passes 50.0%).

Both the household and establishment surveys shows total employment flat. I found the household survey result interesting because it had dropped so much in just a few months -- now it seems that we can rule out the possibility that Sep or Oct were aberrant -- seasonally adjusted household survey employment really was down over 1.5 million from the summer.

Teen employment was flat -- another reason to believe that their very steep drop from summer to fall was real.