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Thursday, Nov 1
2012, 8:35 AM
Oct ADP Jobs Report: +158K vs. +155K consensus, 162K prior.
Oct ADP Jobs Report:
vs. +155K consensus, 162K prior.
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Year over year numbers still in a non recessionary environment...
1 Nov 2012, 08:37 AM
Great news...We are on a slow road to recovery. Lets keep it that way as we all know what a too fast recovery would mean to inflation.
1 Nov 2012, 08:42 AM
This is incorrect. The prior month was revised down from 162k to 88k (a net downward revision of 74k). Also, ADP canceled 365k private jobs created in 2012 YTD. Had ADP used its revised methodology, it would have missed 5 out of the past 7 Wall Street consensus estimates. Funny how the media doesn't focus much on this information.
1 Nov 2012, 08:44 AM
This week I would not trust any numbers...period
1 Nov 2012, 08:58 AM
I would never trust any numbers from ADP...period.
1 Nov 2012, 09:04 AM
To be revised downward about 50% in 3-4 weeks.
1 Nov 2012, 09:13 AM
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