WANTED Predicts First Job Gains In 23 Months

WANTED Analytics predicts that December will show the first job growth since the recession began 23 months ago to the tune of 75,000 workers.

We’ve covered WANTED’s methods before, which basically combine extrapolation of the Bureau of Labor Statistics numbers with unemployment insurance claims with the number of jobs posted on job boards.

The BLS numbers will be released next Friday, and sometime next week before that we’ll hear from payroll giant ADP, which will chip in its own predictions. Our gut says that growth of 75,000 is too much, but if it’s true, it’d be great news.

The following chart shows WANTED’s hiring demand indicators plotted against the real BLS numbers.