For those suffering cognitive dissonance between the payroll and household survey numbers this morning

I would recommend Tim Kane's analysis.  In sum, the payroll survey is much noisier, based on the respective statistical methods for each survey.

Job increases in the payroll survey were quite muted, while the household survey number--i.e. the unemployment rate--dropped from 9.4% to 9.0%.

Statistics are like a bikini. What they present is suggestive, but what they conceal is vital--Aaron Levenstein

Photo link here.