Methodology for Generating Labor Force Data (Continued)
Cautions When Using These Data
|Table of Contents|
|CA and LA-LB-Glendale MD - Time Series Models|
|Substate Labor Force Data - LAUS Method|
|Sub-County Areas - Census Share Method|
|Cautions When Using These Data|
- The "Employment" which is shown under "Labor Force" is not directly comparable to the "Total, All Industries" employment. A complete description of the Methodology for Generating Industry Employment Data is also available.
- County labor force data are not adjusted for seasonality. When doing a comparison with state and U.S. rates, it is important to use "Not Seasonally Adjusted" labor force data for the state and the nation.
- The unemployment rate usually gets the most attention, as it is a rough gauge of the area's labor market. It is best to consider the unemployment rate over a period of several months, or years. The employment and unemployment figures tend to vary from month to month for many reasons. Seasonal variation often may not reflect the economic conditions in all areas of the county. Seasonal factors may contribute to an area's high unemployment rate, but firms in some industries may have difficulty finding qualified employees. The labor market can vary greatly in different industries, in different occupations, and in different parts of the county.
- The annual average figures, over time, tend to be a better gauge of the labor force trends within the area.
- Month-to-month labor force data are a useful indicator to show the seasonal changes in an area including outdoor activities (such as construction), holiday hiring, school schedules, and agricultural activities.