Thursday, July 19, 2012

St. Louis employment

According to new data released by the ISEE at Lindenwood University, and your's truly, the BLS is again way off on its estimates of St. Louis payroll employment. Here are the ISEE and BLS series:

For details, look at this and go here. The long and short of it is that we've done a lot better (net gain of 12,400 jobs) than the BLS says (net loss of 2,100 jobs) over the past year, but it has still been pretty dismal. I've been making the case for a while that St. Louis goes as the U.S. goes, and this graph illustrates that: