I have previously shown how the headline number for non farm payrolls overstated the weakness in December jobs growth. That was about how the pundits and the media are often misled by their slavish devotion to seasonally adjusted data.
Tag Archives: employment
November 2013 JOLTS Predicts Little Change in the Jobs Situation
Written by Steven Hansen The BLS Job Openings and Labor Turnover Survey (JOLTS) can be used as a predictor of future jobs growth, and the predictive elements show that the jobs situation grow rate will not strengthen.
December 2013 Conference Board Employment Index Strengthens
Written by Steven Hansen The Conference Board’s Employment Trends Index – which forecasts employment for the next 6 months – strengthened in December 2013.
BLS Jobs Situation Not Good in December 2013
Written by Steven Hansen The December 2013 BLS jobs report was not good.
December 2013 ADP Jobs a Stronger 238,000
Written by Steven Hansen ADP reported December 2013 non-farm private jobs growth at 238,000 – very strong growth.