March 13, 1997 Announcement of the March 1996 Benchmark Revision for State and Area Estimates from the Payroll Survey Once a year, the Bureau of Labor Statistics adjusts the payroll survey’s sample-based employment estimates to incorporate the previous year’s March universe employment counts in a process known as benchmarking. These universe employment counts are derived principally from State unemployment insurance tax reports that nearly all employers are required to file. Revised payroll survey employment, hours, and earnings estimates incorporating these benchmark revisions for States and metropolitan areas are published with the release of January preliminary data in March of each year. The March 1996 benchmark revision was released on March 13, 1997, and affected all unadjusted data from April 1995 forward and the seasonally-adjusted State estimates back to 1992. More detailed information on the effect of the benchmark revisions to State and industry series will be available within the next month. State data are derived independently from national data and are intended for individual state analyses only. Because the state data are not designed for national aggregation, a summation could present a misleading picture of national trends. The same is true with the benchmark revision process. For information on the national March 1996 benchmark revision , please refer to the note on the National Current Employment Statistics section of this website, or contact the Division of Monthly Industry Employment Statistics on (202) 606-6555. February 10, 1997 CAUTION -- CES STATE and AREA LABSTAT USERS Between February 7 and March 9 the CES state and area estimates are being revised to incorporate new 1994 benchmarks. During this annual procedure it is possible that all data from April 1993 forward will be revised. LABSTAT will be updated state by state on a flow basis as data become available. Therefore, interstate comparisons are discouraged. No portion of a state will be updated until the entire state's not seasonally adjusted estimates are ready so that all current data within a state will always be on the same benchmark. Users are cautioned to check the benchmark years whenever extracting data. A '94' benchmark year and 1994 annual average indicate that data have been revised. New benchmark data are used to calculate new seasonal adjustment factors and to revise the last five years of historical seasonally adjusted All Employee statewide data at the major industry division level. Because data must be benchmarked before seasonal adjustment can take place there will be a lag between the availability of the two data types. Therefore it is possible that at any given time data for a state may be available not seasonally adjusted on the March 1994 benchmark while seasonally adjusted data for that same state, current and for the past five years, is available on the March 1993 benchmark. Again, it is imperative that users check benchmark years before making data comparisons. All revisions and seasonal adjustments should be final by March 9.