Tuesday, June 09, 2009

An alternative look at monthly job losses

For any conspiracy theorists out there who think the government intentionally under-reports job loss and unemployment statistics, I have decided to post job loss numbers from a non-governmental source as a follow-up to yesterday's post on the subject.

The graph below shows the job gain/loss estimates from the ADP National Employment Report. Note that although an individual month's numbers can be quite different between Automatic Data Processing and the U.S. Department of Labor, the overall trend has been roughly the same.

The numbers are in thousands. As before, this graph shows new job losses per month, not cumulative job losses:

Posted by at 6:06 AM
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2 comments:

  1. AnonymousJune 09, 2009 10:06 AM

    Seems to me this plot supports the conspiracy theorists. The ADP survey shows minimal improvement in May while the Dept of Labor reported a dramatic increase, based in large part on 220,000 imaginary jobs from the birth/death model.

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  2. Matt | turn your blogger dofollowDecember 02, 2009 2:23 PM

    Now it is December 09 and I was looking for an updated chart of job losses. We are reporting 169,000 for november (ADP). Thanks for this chart, very nice!

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