5 Feb 2021 Surveys Hint at Strong Payrolls, but the Data Look Implausible

Ian Shepherdson (Chief Economist and Founder)5th Feb 2021 00:20U.S., Economic Monitor

Today's January payroll numbers are a tough call, in large part because our usual guide during the pandemic—the daily Homebase small business employment numbers—appears unable to capture the huge seasonal drop in employment when the holidays end.

PDF

adp bea businesses capex construction December economy employment February growth headline rate headline unemployment January job losses jobless claims jobs labor labor costs March November payroll payroll numbers payrolls private payrolls productivity survey unemployment unit labor costs us

This publication is only available to U.S. Economic Research (Monitor) subscribers

Related Publications

UK Datanote: U.K. Markit/CIPS Manufacturing Survey, July

PANTHEON EMERGING ASIA DATA WRAP 2.4.21

LatAm Datanote: Industrial Production, Retail Sales, and Unemployment, Chile, June 2021

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.