The March 2022 total nonfarm payroll employment level was revised upward by 506,000, or an absolute revision of 0.3 percent, not seasonally adjusted from the previously published level.
Over the prior 10 years, absolute benchmark revisions have averaged 0.1 percent, with a range from −0.3 percent to 0.3 percent. Benchmark revisions are a standard part of the payroll survey estimation process. The benchmark adjustment represents a once-a-year re-anchoring, based on March data, of sample-based employment estimates to full population counts available through Unemployment Insurance (UI) tax records filed by nearly all employers with State Workforce Agencies.
For more detailed information, please see the CES National Benchmark Article available at www.bls.gov/web/empsit/cesbmart.htm.
In addition, the basis for industry classification in the establishment survey has been revised from the 2017 North American Industry Classification System (NAICS) to NAICS 2022. Details of the NAICS 2022 update are available at www.bls.gov/ces/naics/naics-2022.htm.
Last Modified Date: February 3, 2023