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In reply to the discussion: U.S. payrolls rose by 178,000 in March, more than expected; unemployment at 4.3% [View all]progree
(12,995 posts)47. I had never noticed the mislabeling of the CNBC graphs before, OMG! Here's both sets of numbers, and ADP
I also don't know why CNBC references FRED. The data series are available from the source of the numbers (BLS)
BELOW are monthly changes in THOUSANDS
# Nonfarm Employment (Establishment Survey, https://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth
2024 175 206 228 64 78 87 53 9 155 33 134 237
2025 -48 42 67 108 13 -20 64 -70 76 -140 41 -17
2026 160 -133 178
# Nonfarm PRIVATE Employment (Establishment Survey, https://data.bls.gov/timeseries/CES0500000001?output_view=net_1mth
2024 126 135 143 63 45 78 -8 -27 142 -4 116 212 < --PRIVATE
2025 -76 40 67 99 20 -45 65 -20 68 13 72 -7 < --PRIVATE
2026 180 -129 186 < --PRIVATE
The last 2 months of both data series are preliminary
Last 3 months:
all non-farm payroll: +68.3k/mo average,
private non-farm payroll: +79.0k/mo average
ADP private non-farm payroll: 46.3k/mo average (see below for the ADP source)
Not that I doubt that FRED echoed the BLS numbers correctly, though I don't have the FRED data series for this (I haven't looked yet, I have screaming tax deadlines)
As for alternate sources of similar information, I only know of the ADP report from the private payroll processor ADP:
# ADP PRIVATE Payrolls: Monthly, Seasonally Adjusted: https://fred.stlouisfed.org/series/ADPMNUSNERSA
Last 6 months in THOUSANDS: +20, +74, +37, +11, +66, +62 < --PRIVATE
Yes, I'm using FRED numbers for the ADP ones because I don't know where to find the ones from ADP itself except for the last month,
The ADP processes payrolls for about 20% of the private sector workforce and estimate the other 80%.
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U.S. payrolls rose by 178,000 in March, more than expected; unemployment at 4.3% [View all]
BumRushDaShow
Friday
OP
The revisions coming for this number will hopefully reflect some sort of reality.
NoMoreRepugs
Friday
#1
(revised title) It was revised down, yes, but to 116k - which is their very latest
progree
Friday
#60
Yes, they are all catastrophically horrible numbers, being that they are totals for AN ENTIRE YEAR. /nt
progree
Friday
#62
You read what the former head of the BLS said? She didn't seem to be so gung-ho
wolfie001
Friday
#53
Most any day in the "news" they report lay-offs in the tens-of-thousands. Hmmm.
twodogsbarking
Friday
#8
I get this message: This story is available exclusively to Business Insider subscribers.
Wiz Imp
Friday
#26
Here's the msn no-paywall republication of it (at least part of it, omitting the actual breakdown of companies) -
BumRushDaShow
Friday
#36
Thanks. As expected, these layoff announcements are not inconsistent with the BLS data.
Wiz Imp
Friday
#41
And I explained how the jobs data just released are not inconsistent with those layoff announcements.
Wiz Imp
Friday
#28
For those who are so sure these numbers are fake, then why would the administration
Wiz Imp
Friday
#12
The numbers are seasonally adjusted, so they account and adjust for normal seasonal fluctuations
progree
Friday
#43
"a drop of 133,000 jobs in February? And February's number was even revised downward significantly."
BumRushDaShow
Friday
#29
I had never noticed the mislabeling of the CNBC graphs before, OMG! Here's both sets of numbers, and ADP
progree
Friday
#47
How are we supposed to believe any numbers coming out of this administration, give wrong numbers and you get fired.
Walleye
Friday
#33
Total BS. The career statisticians who produce the numbers at BLS have not been fired. Not a single one of them.
Wiz Imp
Friday
#35
Let me guess... the heavy lifter here is "healthcare", hmm? Nursing homes and the like, right?
Scott Alan Swaggerty
Friday
#45
There are government jobs available. You must be willing to work nights and week-ends and
twodogsbarking
Friday
#46
Quite a few mistakes in this media opinion piece as often happens, though one key number was a LOT worse than it said:
progree
Friday
#55
Federal Reserve Chair Jerome Powell today: "There is effectively zero net job creation in the private sector."
LetMyPeopleVote
17 hrs ago
#63