February ADP Jobs Report: +216K vs. +173K prior (revised from 170K) and expectations of 215K.

February ADP Jobs Report: +216K vs. +173K prior (revised from 170K) and expectations of 215K.
Comments (10)
  • bbro
    , contributor
    Comments (11155) | Send Message
    With revisions ADP up 461,000
    7 Mar 2012, 08:20 AM Reply Like
  • Conventional Wisdumb
    , contributor
    Comments (1800) | Send Message




    Where did you get that revision number?


    I didn't see it in the press release. The line above above says revised total was +3k for the prior month.


    7 Mar 2012, 11:45 AM Reply Like
  • 544
    , contributor
    Comments (29) | Send Message
    Not enough, need 300000 just to break even with new comers to the work force.
    7 Mar 2012, 08:47 AM Reply Like
  • OptionManiac
    , contributor
    Comments (3476) | Send Message
    300,000? I understand the number to be between 200,00 and 300,000, depending on the time of year.
    7 Mar 2012, 09:49 AM Reply Like
  • jwbrewer
    , contributor
    Comments (317) | Send Message
    Slowing productivity and raising labor unit costs. Where in the business cylce do we tend to see this?
    7 Mar 2012, 10:23 AM Reply Like
  • SA reader
    , contributor
    Comments (176) | Send Message
    Mainly service jobs, lower paying jobs. Sounds like a recovering economy to me!
    7 Mar 2012, 02:44 PM Reply Like
  • Econdoc
    , contributor
    Comments (2938) | Send Message
    low paying service jobs...oh you mean like...


    nurses, dotors. lawyers, engineers, architects, anyone in IT, software engineers, anyone with engineer in their job title, designers of all stripes and types, truck drivers and anyone who works on logistics or transportation, any and all people in finance, anyone in education or any job that handles knowledge or tranfers skills, all media people - all of them...dentists, journalist, anyone who works with the Internet..everyone at Google..Mark Zuckerberg...the guys who design the apps and sofware that powers everything...you mean minimum wage, menail jobs like that?




    7 Mar 2012, 07:32 PM Reply Like
  • 2PP
    , contributor
    Comments (343) | Send Message
    I find these rose colored reports very unbelievable. I live in a fairly affluent neighborhood in eastern Kansas. Just this year in our area, J C Penny has layed off 25% of it's workforce, Macy's 15%, Gap and Baby Gap have filed for bankruptcy. Walk into Sears and they have 2 sales people working 4 departments, Target is working a bare bones staff. This area is a place where they don't ask how much it is, but do you have it for sale. The problem is trying to find someone in the store to sell it to you. The BLS will bring out another baked unemployment number on Friday, are people really just disappearing out of the labor force. What a crock of cr@p.
    7 Mar 2012, 04:23 PM Reply Like
  • drrobcornell
    , contributor
    Comments (15) | Send Message
    Inflated jobs reports, omitted labor force decline numbers, subordinated downward revision data keep the hopeful at ease. We're dying out here and being told otherwise.
    7 Mar 2012, 05:13 PM Reply Like
  • Econdoc
    , contributor
    Comments (2938) | Send Message
    if it looks like a duck and quacks like a duck...it's a duck


    +200k job growth per month as far as the eye can see....


    7 Mar 2012, 07:26 PM Reply Like
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