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progree

(12,861 posts)
6. Interesting - the BLS in their big jobs report reported an increase of 172,000 private sector jobs in January
Tue Feb 17, 2026, 03:59 PM
Feb 17

in their February 11 report
LBN Thread https://www.democraticunderground.com/10143614651

BLS non-farm payroll jobs, monthly changes (the +130,000 headline number that the media reported as a "surge" )
https://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth

BLS non-farm PRIVATE SECTOR payroll jobs, monthly changes (+172,000 in January)
https://data.bls.gov/timeseries/CES0500000001?output_view=net_1mth

(The ADP reports only report on PRIVATE sector jobs, so for an apples-to-apples comparision, they should be compared to the BLS PRIVATE sector jobs numbers. The ADP NER Pulse in the OP is saying 10,250 X 4 = 41,000 private sector jobs created in a 4-week period ending January 31 -- less than 1/4 of the BLS private sector number. No wonder the media doesn't think it is important. )

The BLS report is the same report that revised down 2024 and 2025 by a combined nearly 1 million jobs. leaving only 181,000 net new jobs in all of 2025 (15k/month average)
https://www.democraticunderground.com/10143614651#post38

ETA-
ADP processes payrolls for 20% of the private sector payroll employed, and estimates the other 80%. It's a non-governmental report, so the report's timing is not subject to the government shutdown/startup schedule.

The ultimate source: https://www.adpresearch.com/
and look for "NER Pulse"

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