By Cornelia J. Strawser, Mary Meghan Ryan, Mark Siegal, Katherine A. Debrandt
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Additional info for Business Statistics of the United States, 2006
Wall Street Journal, December 7, 2005, p. 1) In the discussion that follows, the editor draws on communications with the staff of the Bureau of Economic Analysis (BEA) and various published studies, which are listed in the bibliography at the end of this section. The issue raised by the decision to publish labor force data is whether persons on work relief in the Great Depression were employed or unemployed. If unemployment had been measured then, using the survey questions that we use now, it seems probable that they would have been counted as employed.
Income for families has been collected since 1947, though it is currently less emphasized than the data on households, which have been collected since 1967. 9 percent from 1948 to 2000. 1 percent increase in real mean family income that can be derived from the census income data. Had the median income increased as fast as the census mean—implying no change in the income distribution—the median family would have had over $6,000 more income in 2000, in that year’s dollars. The increasing inequality in the income distribution can also be seen by comparing the 1948 and 2000 income shares shown in Chapter 3.
C. In the 1940s, when unemployment was retrospectively estimated for the 1930s, different economists—not the ones at the Department of Commerce—were involved and a different decision was made. The work relief programs were not expected to be permanent, and participants were supposed to be available, and indeed looking, for private-sector employment. ” (Kesselman and Savin) The size of this difference is not trivial. 7 million workers, nearly 10 percent of all jobs, according to the NIPA employment estimates.
Business Statistics of the United States, 2006 by Cornelia J. Strawser, Mary Meghan Ryan, Mark Siegal, Katherine A. Debrandt