ADP Jobs Report at 139K


Feb. ADP Jobs Report: +139K vs. +150K consensus, 175K prior.

Comments (12)
  • permanent
    , contributor
    Comments (487) | Send Message
     
    So we are going to hear the weather story all over again.
    5 Mar 2014, 08:21 AM Reply Like
  • bbro
    , contributor
    Comments (11227) | Send Message
     
    8.6 million private sector jobs created over the last 3 years....
    5 Mar 2014, 08:22 AM Reply Like
  • Papaswamp
    , contributor
    Comments (2241) | Send Message
     
    quantity doesn't necessarily mean quality. The majority of jobs have been the low end. I wont even get into the participation rate issue.
    5 Mar 2014, 08:37 AM Reply Like
  • quinnman
    , contributor
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    You don't get your own facts...since Jan 1, '10, 6.7M jobs created. Total jobs created in Obama's terms, 1.1M
    5 Mar 2014, 09:26 AM Reply Like
  • quinnman
    , contributor
    Comments (138) | Send Message
     
    7.7 M since Jan 1,'10. Net during O's two terms, 1.6M. When they say Reagan created 18 M jobs they net the losses of his first two years otherwise he would be credited with 21+M jobs
    5 Mar 2014, 09:44 AM Reply Like
  • bbro
    , contributor
    Comments (11227) | Send Message
     
    Who cares about Obama or Reagan or Clinton or Bush or whomever... Focus on changes in momentum.
    5 Mar 2014, 10:09 AM Reply Like
  • bbro
    , contributor
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    Quinn..you are quoting from the household survey not the ADP survey....
    5 Mar 2014, 10:13 AM Reply Like
  • quinnman
    , contributor
    Comments (138) | Send Message
     
    yes
    6 Mar 2014, 11:31 AM Reply Like
  • permanent
    , contributor
    Comments (487) | Send Message
     
    @bbro It is always nice to be optimistic but to be realistic we have to see,
    more Jobs are lost than created otherwise the participation rate would not be down much.
    5 Mar 2014, 08:32 AM Reply Like
  • bbro
    , contributor
    Comments (11227) | Send Message
     
    The honest truth the economy has changed...the economy can maintain
    a modest growth path with fewer workers...Blame the cellphone? Lots of
    productivity created by that device....
    5 Mar 2014, 08:44 AM Reply Like
  • Tricky
    , contributor
    Comments (2507) | Send Message
     
    bbro -- have you seen any objective in-depth studies as to what's really going on with the participation rate? It seems like there are (on the surface) many credible anecdotes for both "good" and "bad" reasons why it is down:

     

    * One spouse elects to be full time parent -- I don't view that as "bad", it's arguably quite "good"

     

    * Older, but still <65 boomers more or less "voluntarily" deciding to call it a day -- not "great" but not necessarily "bad", on balance probably a mixed story

     

    * Kids staying in college longer + adults becoming full time students

     

    * Folks shopping for a disability diagnosis more aggressively

     

    * Folks just plain giving up

     

    I have not yet found any quality review on this whole issue. Have you?
    5 Mar 2014, 09:00 AM Reply Like
  • bbro
    , contributor
    Comments (11227) | Send Message
     
    I focus on indicators that give me a lead on the direction of the economy. The labor force participation rate is a societal issue and probably is better addressed on another web site. I have found zero predictiveness in the Labor Force particpation rate. Therefore I consider it a waste of time for my purposes.
    5 Mar 2014, 10:07 AM Reply Like
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