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Forecasts of the payrolls numbers are quite inaccurate; they miss, on average, by 68,000 jobs in one direction or another.
But some economists noted that the volatile nature of the payrolls data meant markets should not read too much into March's report.
The error in economists' forecasts of the payrolls number, and the error in the figure as originally reported by the government versus the revised number, tend to have a compounding effect.
Although the unemployment rate is widely reported upon and can therefore plausibly affect a president's re-election chances, I consider it less reliable as an economic benchmark and therefore prefer to work with versions of the payrolls numbers when given the choice).
Many countries may have hoped to get through 2010 without withdrawing that support but markets could force them into action, by pressuring either their bonds or their currencies.The immediate aftermath of the payrolls data may have offered a brief glimpse of that future.
With sequestration upon us, and the labour market far from immune, combined with the depressive effect of the payrolls tax cut expiry, we envisage a period of much softer data and rising anxiety as we head towards the May 19 debt ceiling stand-off.
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Luxury tax is based on end-of-the-year payrolls.
What accounts for the strange invisibility of the payroll tax?
"Gratuities form just one part of the payroll each month.
With a lighter investment in the front of the payroll, the Red Sox could fortify the middle.
At the same time, taxes increased sharply because of the introduction of the payroll tax.
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