Seeking Alpha

Treasurys lower after ADP jobs beat

From other sites
Comments (7)
  • andrewtoney
    , contributor
    Comments (100) | Send Message
     
    Adp numbers means not so much,if not absolutely nothing as harbinger for Nfp(45 k average deviation w/peaks at more than 110k.Regards.
    2 Jul 2014, 10:27 AM Reply Like
  • David at Imperial Beach
    , contributor
    Comments (4380) | Send Message
     
    Actually, ADP has less reason to lie about the numbers that the US government. I find this report quite believable. The Fed obviously began pouring in extra liquidity as soon as they knew how disastrous Q1 was turning out.
    2 Jul 2014, 02:52 PM Reply Like
  • samuraitrader
    , contributor
    Comments (876) | Send Message
     
    growth in government jobs, loss in private sector
    2 Jul 2014, 01:08 PM Reply Like
  • David at Imperial Beach
    , contributor
    Comments (4380) | Send Message
     
    Pardon, your cynicism is showing. Government jobs have been going down, not up. ADP doesn't even show government jobs because ADP does not process government payrolls.
    2 Jul 2014, 02:55 PM Reply Like
  • samuraitrader
    , contributor
    Comments (876) | Send Message
     
    not according to this
    http://bit.ly/1sY1hJ0

     

    who knows?
    2 Jul 2014, 03:01 PM Reply Like
  • Civilization Type 1
    , contributor
    Comments (2753) | Send Message
     
    As you can see from that chart, government jobs have been depressed for quite a while. It was only a matter of time before they started rising again. And especially when it comes to state and local government jobs, they are a sign of an improving economy. Local government jobs in particular are tied to the health of the construction and real estate industries as they have to hire more permit reviewers, building inspectors, and so on, when the real estate market improves. Once people start moving into the new developments, schools will have to hire more teachers as well.
    2 Jul 2014, 06:08 PM Reply Like
  • samuraitrader
    , contributor
    Comments (876) | Send Message
     
    there is a baby boom going on. I can see it in my area. lots of strollers. but the wages will not be the same as for the first set of baby boomers back in the 80s.

     

    as for government workers, how much do they really add to an economy?
    3 Jul 2014, 07:01 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs