In case you're skeptical about U.S. government employment data from the Bureau of Labor Statistics (BLS), here's a reminder -- ADP's private payrolls data has lined up reasonably well with it.
In some cases, ADP's data has recently shown a more positive trend than the governments.
No data set is perfect, thus the more data points that roughly line up, the more one can be confident that the indicated direction is indeed the real underlying trend.
And while the employment situation remains challenging for many Americans, it's pretty rich to argue that the overall unemployment trend hasn't improved. It has, and more than one data set shows this.
Check out ADP's latest employment data vs. the BLS >>>
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See Also:
- ING: Here's Why The Friday Unemployment Report Was Total Bunk
- Lack Of Seasonal Work Is The Real Reason To Question The Official 10% Unemployment Rate
- Rosenberg: There's Just A 1-In-35 Chance Friday's Employment Number Was Right