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progree

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9. Actually This is a MINUS 161k report: Minus 92k for Feb. and previous 2 months revised down by combined 69k: -161k Tot

Reply to BumRushDaShow (Original post)

Fri Mar 6, 2026, 11:49 AM

Friday

And no, I'm not double-counting or anything like that.

In January's report, which came out 2/11/26, there were 158,627,000 non-farm payroll jobs [1]

In February's report (today's), there were 158,466,000 non-farm payroll jobs [2]

Difference: -161,000

[1] January report news summary, see Table B-1 in: https://www.bls.gov/news.release/archives/empsit_02112026.htm

[2] February report news summary, see Table B-1 in: https://www.bls.gov/news.release/archives/empsit_03062026.htm

From the 2nd link,

The change in total nonfarm payroll employment for December was revised down by 65,000, from
+48,000 to -17,000, and the change for January was revised down by 4,000, from +130,000 to
+126,000. With these revisions, employment in December and January combined is 69,000 lower
than previously reported. (Monthly revisions result from additional reports received from
businesses and government agencies since the last published estimates and from the
recalculation of seasonal factors.)

================================================

Another issue --
PRIVATE sector job growth in February was -86,000 jobs, also Table B-1 -- this is the number to compare to ADP's report Wednesday
which was: +63,000 private sector
https://www.democraticunderground.com/10143626323

Not too far off in magnitude, but wrong sign.

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