tag:blogger.com,1999:blog-6616959642391988608.post7452011381270828059..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Claims continue to suggest a stronger labor marketScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6616959642391988608.post-53227754795216199352011-01-06T13:10:54.275-08:002011-01-06T13:10:54.275-08:00Bill,
I have read from from what I consider a rel...Bill,<br /><br />I have read from from what I consider a reliable source that there is a strong correlation with the ADP and BLS numbers OVER TIME. Perhaps not week to week but the number thrown out was .94. Pretty close if accurate. <br /><br />Brodero or Scott may have some data on this.Johnhttps://www.blogger.com/profile/11652253509768573561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-70600184858195981382011-01-06T11:57:07.039-08:002011-01-06T11:57:07.039-08:00It seems that whenever ADP surprises to the upside...It seems that whenever ADP surprises to the upside, the BLS surprises to the downside. I'm guessing that public sector declines will weigh on the headline number.Billhttps://www.blogger.com/profile/06910619601367464068noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-30022599689283594272011-01-06T10:19:09.274-08:002011-01-06T10:19:09.274-08:00Good news. Lots of room for improvement.Good news. Lots of room for improvement.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com