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RC_ITR 3 days ago

Not all 'normal income' is from a "job" as we think of it and assuming that does not even come close to passing any informed person's smell test.

Parsing tax or SS payments for what a "job" is would be a logistical nightmare, because that's not what the system is designed for (unlike the BLS's system, which is designed to count jobs).

riazrizvi 3 days ago | parent [-]

When ppl want job numbers they want a reliable proxy for the state of the economy. Fixing it on changes to payroll-based social security payments would be far better than what we have now, if timely.

RC_ITR 3 days ago | parent [-]

Sure, that's personal income and can be found here:

https://fred.stlouisfed.org/series/PINCOME

riazrizvi 3 days ago | parent [-]

I only see a stat that reports the same number for full employment vs one person who fired them all and took their incomes. Is there a way to disaggregate to get some proxy for employment like we are talking about?

RC_ITR 3 days ago | parent [-]

Yes, the BLS employment survey.