Part I - BLS Establishment Estimates Revised to Incorporate March 2000 Benchmarks.(Statistical...

With the release of data for May 2001, the Bureau Labor Statistics (BLS) introduced its annual revision of national estimates of employment, hours, and earnings from the Current Employment Statistics (CES) monthly survey of nonfarm establishments. Each year, the CES survey realigns its sample-based estimates to reflect more currently available universe counts of employment--a process known as benchmarking. Comprehensive counts of employment, or benchmarks, are derived primarily from employment data reported on unemployment insurance (UI) tax reports that nearly all employers are r