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12 Month Avg Excluding October 2013 111 207 Even after eliminating the government shutdown effect, the difference between the two surveys is still huge. From October 2012 through September 2013, the household survey suggests employment rose by an average of 111,000 per month. The establishment survey suggests 207,000 jobs per month on average
Eurozone Flash PMI Shows Slight Growth, France Back in Contraction The rosy eurozone growth estimates of a few months ago have bitten the dust already with the possible exception of Germany. The Markit Flash Eurozone PMI signals slowing growth for second successive month in November, with France leading the way. Flash Eurozone PMI Composite Output Index at 51.5 (51.9 in October)
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More: Social Security "Lock Box" Revisited (and Its Relation to the Government Shutdown)
Here’s an interesting chart of Spain’s budget allocation courtesy of La Vanguardia .
Today Gallup reported Unadjusted unemployment climbs to 8.7% (The seasonally adjusted rate is 8.6%). Even if there is a huge jump of half a percentage point in unemployment, there will still be a major difference of opinion as to what the rate is
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Read this article: An Analysis of July Employment Numbers 1955 to 2013; Full-Time Employment Down Over 5 Million Since 2007