U.S. Private Sector Added 234,000 Jobs in January

[mahatmakanejeeves]

3. Sometimes they're close; sometimes not. I'll get some charts from the ADP report.

ADP National Employment Report: Private Sector Employment Increased by 234,000 Jobs in January

Private-sector employment increased by 234,000 from December to January, on a seasonally adjusted basis.

Total Employment

Change in Nonfarm Private Employment



{CHART} Change in Nonfarm Private Employment

Historical Trend

Change in Total Nonfarm Private Employment



{CHART} Historical Trend - Change in Total Nonfarm Private Employment

That second chart makes ADP and BLS look mighty close, but note that the divisions on the y-axis are 200,000 jobs apart. If you were to zoom in to a closer view, the disagreements would become easier to spot.

I'll post my list of previous reports in another post.

And good morning.