tag:blogger.com,1999:blog-11027528911364475.post557996388527704375..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: Employment Bifurcation: Government Down - Private Sector UpJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11027528911364475.post-23042375592426539802010-10-08T15:23:06.860-07:002010-10-08T15:23:06.860-07:00if i were to say one or the other, i'd be more...if i were to say one or the other, i'd be more inclined to use the BLS as any economic rebound will likely be off the matrix (i.e. corporate payrolls). that said, i hate the B/D model (i used to post about it regularly... then got sick of it).<br /><br />the more important theme is they are both noisy and are both show a lack of rebound. i really don't care whether we added 50k or dropped 50k month to month, when a rebound of 400-500k is what i am looking for before getting excited about the future of the economy.Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-37864666828681468962010-10-08T12:44:04.570-07:002010-10-08T12:44:04.570-07:00Do you believe the BLS with its birth death adjust...Do you believe the BLS with its birth death adjustments or ADP?<br /><br />http://globaleconomicanalysis.blogspot.com/2010/08/adp-vs-bls-tracking-errors-who-to.html<br /><br />BLS has had to do massive revisions, and tracks ADP closely until recently...<br /><br />Or am I missing somethingJhttps://www.blogger.com/profile/18116121761413049785noreply@blogger.com