ST Alpha - "So, if the private payroll numbers on Wednesday were 250k+, does that mean government hiring dropped 150k? -- nm" (Reading a Post)

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In response to "U.S. employers added just 98,000 jobs last month, the fewest in a year. -- (link)" by decline

So, if the private payroll numbers on Wednesday were 250k+, does that mean government hiring dropped 150k? -- nm

Posted by Will Hunting (aka JoeMetz) Apr 7 '17, 06:41

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Responses:

the ADP number encompasses a lot more (for instance, the 98k excludes farm payrolls) -- nm* - decline Apr 7, 06:46
They're two different data sets, with different models. The numbers aren't directly comparable like that. -- nm* - znufrii, definitely not 40 Apr 7, 06:46 1
- but of note: government hiring last month = 9k jobs -- nm - decline Apr 7, 06:48

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