The Diverging Job Numbers – And Which One is Correct

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The labor market is the backbone of the U.S. economy, with more than 158 million employed workers. Understanding employment trends is not just crucial for understanding the economic outlook, it also helps recruiters to gain insights into their specific sectors and general hiring trends, whether it is currently easy or hard to find workers, and at what cost. 

In the United States, two primary surveys provide insights into the labor market: the payroll establishment survey (Current Employment Statistics, CES) and the household survey (Current Population Survey, CPS). Conducted by the Bureau of Labor Statistics (BLS). These monthly surveys differ significantly

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