Guessing At Employment Growth - ADP Vs. BLS


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Last week the Bureau of Labor Statistics (BLS) re-estimated their historical employment growth. This allows an analysis of the monthly job growth estimates by the BLS and ADP - as well as the opportunity to continue bashing the way we estimate employment.


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What We Read Today 12 February 2016

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).


Every day most of this column ("What We Read Today") is available only to GEI members.

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 more features, analysis, studies, and news published in the last week

Do People In Britain Consider The Press Biased?

by Felix Richter,

-- this post authored by Niall McCarthy

When asked how biased they feel the nation's media are on a range of topics, the Great British public were generally inclined towards saying the press has struck the right balance.

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Infographic Of The Day: Reported Cases Of Zika Virus Worldwide

Brazil has been hardest hit by the Zika virus, which is thought to have arrived there in 2014 during the World Cup soccer tournament.

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Video of the Day:

College humor is really trying way too hard these days... What kind of man are you?

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Why Negative Rates Won't Rescue U.S. Markets And More Reader Questions

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Why The Federal Reserve Always

by Money Metals Exchange

-- this post authored by Stefan Gleason

'The last duty of a central banker is to tell the public the truth.'

- Alan Blinder, former Federal Reserve Board Vice Chairman

The Federal Reserve Board finds itself back in a quandary of its own making. When Fed chair Janet Yellen pushed through an interest rate hike this past December, she confidently cited an 'economy performing well and expected to continue to do so.'

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 USA economy at a glance (boxed items are updates in last 7 days)

05 February 2016: ECRI's WLI Growth Index Continues Its Descent

ECRI's WLI Growth Index which forecasts economic growth six months forward - declined marginally and remains in negative territory. This index now spent 28 consecutive weeks in negative territory.

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