May was an important month for the Bureau of Labor Statistics’ Payroll Employment Survey. In addition to its normal benchmark revisions, it continued to phase in a survey redesign that uses a probability-based sample. All industries except services now use this design. The industry phase-in will be completed in 2003.
Suggested citation: "Labor Markets," Federal Reserve Bank of Cleveland, Economic Trends, no. 02-06, pp. 12, 06.01.2002.