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Are ADP Jobs Numbers Perfectly In Sync With NFP Private Payrolls Data?
Tuesday, April 11, 2017 - 10:09am | 806Those bracing for upbeat Labor Department non-farm payrolls, or NFP, data for March following an exceedingly strong Automatic Data Processing (NASDAQ: ADP) private payrolls report were in for a disappointment. The March NFP Report: A Dampener The Labor Department's establishment survey, which is...
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Why The Unemployment Rate Should Never Go To 0%
Sunday, December 4, 2016 - 4:35pm | 597The Labor Department's non-farm payrolls report rolled in on Friday to reveal happy tidings for the economy. The jobless rate plummeted to a nine-year low of 4.6 percent. The statistics sent people into a tizzy, ratcheting up expectations for a Fed rate hike as early as December. When a 0.3-...
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ADP Employment Reading For March Comes In Better Than Expected
Wednesday, March 30, 2016 - 10:51am | 318U.S. private employment gains topped market expectations in March. The ADP monthly National Employment Report indicates that the private sector added 200,000 jobs in March, topping consensus analyst expectations of 194,000 jobs. February’s reported payroll gains were also revised downward...