The Colorado Department of Labor and Employment is revising the way it calculates payroll job figures.
The department said Monday it will use employer reports to estimate revisions to the monthly nonfarm payroll jobs figures produced by the Bureau of Labor Statistics.
The department says it is one of the first in the nation to use the Quarterly Census of Employment and Wages program for its analysis. Department officials say the new information is more closely aligned with the figures on nonfarm payroll jobs that use total employment figures because one person may hold more than one job.
Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus