The Employment Situation Report by the Bureau of Labor Statistics comes only monthly. It measures only the seven-day week (or, with the establishment survey, pay period) including the 12th of the prior month, which means that this month four very interesting weeks will be skipped and that the report on that April week will not be released until May 8.
Three data sources provide employment information on at least one of the missing four weeks, with the results shown in the chart below. The results suggest that employment has fallen more than 20 million and perhaps as much as 36 million by April 11. This does not begin to count employees who had their hours reduced.
One is an attempt by Bick and Blandin (2020) to imitate the BLS household survey for the week of SundayRead More »