Unemployment statistics

The ADP Unemployment figures in the US has been encouraging , though its important to see NFP data today by Department of Labor. the ADP numbers and DoL numbers generally are in the same trend and they are rarely off the mark.So the trend continues to harbinger encouraging figures from US

Philly Fed and Payroll

and interesting chart which shows the correlation of Philly fed Index and Non Farm Payroll. If the correlation proves to be true than we can imagine the horrible NFP number waiting for us