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Current Employment Statistics - CES (National)

Caution

The information on this page details a preliminary estimate of the current benchmark revisions. The final benchmark revisions for this year have now been released, and CES estimates have been updated to reflect those benchmarks. More information about current and previous benchmark revisions is available at www.bls.gov/ces/methods/benchmark-tables.htm.

CES Preliminary Benchmark Announcement

In accordance with usual practice, the Bureau of Labor Statistics (BLS) is announcing the preliminary estimate of the upcoming annual benchmark revision to the establishment survey employment series. The final benchmark revision will be issued in February 2024 with the publication of the January 2024 Employment Situation news release.

Each year, the Current Employment Statistics (CES) survey employment estimates are benchmarked to comprehensive counts of employment for the month of March. These counts are derived from state unemployment insurance (UI) tax records that nearly all employers are required to file. For National CES employment series, the annual benchmark revisions over the last 10 years have averaged plus or minus one-tenth of one percent of total nonfarm employment. The preliminary estimate of the benchmark revision indicates a downward adjustment to March 2023 total nonfarm employment of −306,000 (−0.2 percent).

Preliminary benchmark revisions are calculated only for the month of March 2023 for the major industry sectors in table 1. The existing employment series are not updated with the release of the preliminary benchmark estimate. The data for all CES series will be updated when the final benchmark revision is issued.

Table 1 shows the March 2023 preliminary benchmark revisions by major industry sector. As is typically the case, many of the individual industry series show larger percentage revisions than the total nonfarm series, primarily because statistical sampling error is greater at more detailed levels than at an aggregated level.

Table 1. National Current Employment Statistics March 2023
Preliminary Benchmark Revisions by Major Industry Sector
Benchmark
revision
(in thousands)
Percent
benchmark
revision

Total nonfarm

-306 -0.2

Total private

-358 -0.3

Mining and logging

(2) (2)

Construction

30 0.4

Manufacturing

-43 -0.3

Trade, transportation, and utilities

-43 -0.2

Wholesale trade (1)

47.7 0.8

Retail trade (1)

38.2 0.2

Transportation and warehousing (1)

-146.4 -2.2

Utilities (1)

17.3 3

Information

-39 -1.3

Financial activities

47 0.5

Professional and business services

-116 -0.5

Private education and health services

-85 -0.3

Leisure and hospitality

-46 -0.3

Other services

-63 -1.1

Government

52 0.2

Footnotes:
(1) Series are part of trade, transportation, and utilities.
(2) Less than 0.05 percent or 500 jobs.

Last Modified Date: February 2, 2024