110,000 New jobs, Unemployment up ???

[DcifrThs]

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You might also be interested in the Birth/Death model. I'm not exactly sure how it plays in over the long run, but a lot of people say it's a bit fishy.

http://globaleconomicanalysis.blogsp...ly-flawed.html

John

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is the birth/death model literally just added to the monthly nonfarm payroll estimates?

are the non farm payroll estimates seasonally adjusted? (if so then the birth/death model is not added to it since the b/d model is not seasonally adjusted and cannot be incorporated in seasonally adjusted data)

where exactly is this model used?

Barron