Seeking Alpha

ADP Jobs Report added 175K

Comments (17)
  • AZ Desert Trader
    , contributor
    Comments (269) | Send Message
     
    well that isn't very exciting
    5 Feb 2014, 08:17 AM Reply Like
  • bbro
    , contributor
    Comments (10526) | Send Message
     
    2.2 million jobs year over year...no recession on the horizon....
    5 Feb 2014, 08:26 AM Reply Like
  • Papaswamp
    , contributor
    Comments (2219) | Send Message
     
    Do they determine full vs part time or just number of hires? I'm curious if the CBOs ACA impact is starting. It would also be helpful to see number of layoffs vs hires per month to see how big job growth really is. Are these people staying or only temp.
    5 Feb 2014, 08:36 AM Reply Like
  • bbro
    , contributor
    Comments (10526) | Send Message
     
    Check out the JOLTS survey...quits number momentum very important...
    5 Feb 2014, 08:44 AM Reply Like
  • Papaswamp
    , contributor
    Comments (2219) | Send Message
     
    Jolts does have some great data. Quits I know supposedly indicates how mobile workers are (looking for something better v things stink and too scared to change). It has been trending in the right direction.

     

    I realized part of my question was stupid since I believe ADP counts total pay checks (correct?) thus layoffs wouldn't be a factor.
    5 Feb 2014, 08:55 AM Reply Like
  • bbro
    , contributor
    Comments (10526) | Send Message
     
    I generally look to the jobless claims numbers for the layoffs perspective....the Quits data is
    very interesting but it has a 2 month lag and its series is relatively new (since 2000) despite
    these drawbacks I do monitor it regularly....
    5 Feb 2014, 09:01 AM Reply Like
  • caupachow
    , contributor
    Comments (485) | Send Message
     
    this is pathetic, less people working no than 7 years ago, lowest participation rate in over 5 decades. this suck and ain't gonna get better any time soon. of course the market will hit a new record next moth when the fed increases QE back to $85 billion.
    5 Feb 2014, 09:38 AM Reply Like
  • Interesting Times
    , contributor
    Comments (13910) | Send Message
     
    CAU

     

    The markets have proven what you just posted.. Far from out of the woods.. We have some tough times ahead...DOW 15k ISN'T far away and I don't buy it is profit taking at all..
    5 Feb 2014, 11:07 AM Reply Like
  • Mike Spelman
    , contributor
    Comments (71) | Send Message
     
    bbro : creationists::dips : dinosaurs
    5 Feb 2014, 11:18 AM Reply Like
  • WMARKW
    , contributor
    Comments (10706) | Send Message
     
    Geeze, Non-Farm payrolls are almost back to where we were in December of 2006. Wonder how much the population has grown in the last 7 years?
    5 Feb 2014, 11:46 AM Reply Like
  • bbro
    , contributor
    Comments (10526) | Send Message
     
    GDP per employee 4th qtr 2006 $96,378.....4th qtr 2013 $118,286
    5 Feb 2014, 12:30 PM Reply Like
  • june1234
    , contributor
    Comments (3256) | Send Message
     
    A little misleading to divide number like that. Corp profits climbed to a record high of 11.1% of the U.S. economy in 3rd quarter 13 while wages fell to a record low of 43.5% of GDP during same time. Or like one economist noted if one goes up the other one has to go down.
    6 Feb 2014, 05:12 AM Reply Like
  • bbro
    , contributor
    Comments (10526) | Send Message
     
    2 year swap spreads are 14....
    5 Feb 2014, 11:57 AM Reply Like
  • WMARKW
    , contributor
    Comments (10706) | Send Message
     
    Median real household incomes down for all groups except 55 and over....for last 10 years. Thank goodness there are more people spending now.
    5 Feb 2014, 12:05 PM Reply Like
  • Eudaimonia
    , contributor
    Comments (953) | Send Message
     
    Why is everyone so sad all the time, we are hear to make money!! S&P 2070 by 2015~!!!
    5 Feb 2014, 12:19 PM Reply Like
  • bbro
    , contributor
    Comments (10526) | Send Message
     
    Don't make them happy we need a wall of worry....
    5 Feb 2014, 12:26 PM Reply Like
  • Eudaimonia
    , contributor
    Comments (953) | Send Message
     
    Like anyone will listen
    5 Feb 2014, 01:15 PM Reply Like
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