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Metric
BLS (Reported/Revised)
ADP (Private Sector)
Total Gains
Total Jobs Created
~90,000
~24,000
Monthly Avg
Pace of Growth
15,000/mo
4,000/mo
Context
Vs. Historical
Significant Slowdown
Near Stagnation
Metric
BLS (Reported/Revised)
ADP (Private Sector)
Total Gains
Total Jobs Created
~90,000
~24,000
Monthly Avg
Pace of Growth
15,000/mo
4,000/mo
Context
Vs. Historical
Significant Slowdown
Near Stagnation
To highlight the cooling of the labor market we mentioned (the difference between 15,000/month BLS and 4,000/month ADP), so we include this simple comparison:
To highlight the cooling of the labor market we mentioned (the difference between 15,000/month BLS and 4,000/month ADP), so we include this simple comparison:
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