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Business / Finance / Markets / Money

If NFP Employment Growth Had Grown in 2017 Like It Did in 2016

If NFP Employment Growth Had Grown in 2017 Like It Did in 2016

we’d have had over 340,000 more jobs in December.


Figure 1: Nonfarm payroll employment (blue), and 2016 linear deterministic exponential trend set to match 2017M01 value (red), in 000’s, seasonally adjusted, on log scale. Orange shading denotes 2017 data. Source: BLS December 2017 release, author’s calculations.

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