Employment as estimated from the household survey, adjusted to correspond as closely as possible to the concept of employment measured in the establishment survey (figure 3), also shows an improvement in the labor market – indeed, by somewhat more than in the establishment survey.
I should note, however, that month-to-month changes in this measure are much more volatile than the employment measure from the establishment survey, which is why the Federal Reserve puts more weight on the establishment survey for the purposes of short-term forecasting.