Sep ADP Employment Change: +162K vs. consensus of +140K, 201K prior.

Sep ADP Employment Change: +162K vs. consensus of +140K, 201K prior.
Comments (12)
  • bbro
    , contributor
    Comments (10935) | Send Message
    Year over year up 2.172 million,,,highest year over year since September 2005....
    3 Oct 2012, 08:21 AM Reply Like
  • kwm3
    , contributor
    Comments (2454) | Send Message
    What were those jobs? Read something on bloomberg that 30% were quick serve food jobs.
    3 Oct 2012, 10:17 AM Reply Like
  • ComputerBlue
    , contributor
    Comments (1165) | Send Message
    Yep..low paying service jobs. We'll continually progress in that direction.
    3 Oct 2012, 10:23 AM Reply Like
  • Freedoms Truth
    , contributor
    Comments (1026) | Send Message
    Middle-class continues to be buried.


    The jobs deficit still stands at almost 5 million jobs. 5 million fewer jobs now than before the last recession. Worst recover in 75 years, and the 'mixed bag' is slower growth in H2 2012 than in end of 2011.


    bbro, your cheering over 2m YoY # as 'highest since ...' is hilarious and just indicates how godawful bad Obama has been his whole term, you have to go back to Bush 2005 to find any YoY beating 2million, when in fact, if we grow by only 2 million/yr, that's a mere 170,000/mo, barely enough to employ new job entrants, so we wont be at full employment until .... well, never!


    What we do know is the pay rate of new jobs gained is lower than that pay rate of jobs lost. Why household income has gone down.


    Obama economy ... DEFINING MEDIOCRITY DOWN.
    3 Oct 2012, 10:52 AM Reply Like
  • Reel Ken
    , contributor
    Comments (5806) | Send Message
    Hi freedom,


    Right on. Why can't we go back to someone like Bush, who inherited a massive economic crisis from Clinton and through intelligent design managed to leave a strong economy, bristling with hope for everyone.


    Then, in steps this guy Obama, and what does he do, loses millions of jobs between the time he's elected and takes office. Then, even with all the help offered to him by the Republicans in the Senate and House, he doesn't even reverse this immediately and get back to the way it was.


    Am I better off than I was four years age---ABSOLUTELY NOT.. Four years ago I was 10x leveraged short the market, housing and this country, raking in seven figures from all the middle class suckers out there.


    Now where am I--- the market has shot up over 200%, I've given it all back, and more. Damn that Obama, how did we ever miss the opportunity to get Palin in office?


    Doesn't Obama have an obligation to all us 1%ers to repair all his damage and at least get us back to where we were when he took office. I'm not asking for more than he started with.


    Disclosure: Reducing my quarterly tax estimates and nationalizing my offshore accounts (especially in Thailand)anticipating a Romney win.
    3 Oct 2012, 11:13 AM Reply Like
  • 867046
    , contributor
    Comments (380) | Send Message
    If Obama were recognized as the liberal republican that he is, your data would be used to support the case that Obama is pro business: American companies are successfully outsourcing to lower cost producers and/or automating in such a way as to accomplish more with less labor.


    The bottom line is that the economy is flat to growing with less workers which should mean overall the US is more efficient.
    3 Oct 2012, 11:27 AM Reply Like
  • COBeeMan
    , contributor
    Comments (2689) | Send Message
    Freedom - Compairing back only 75 years is misleading. If you stretch your mind just a little more to 80-83 years, you'll have a much more accurate comparison! However, it might not jive with the arguement your are trying to make.
    3 Oct 2012, 11:43 AM Reply Like
  • anonymous#12
    , contributor
    Comments (545) | Send Message
    Reel Keen, excellent comment. Cheers!
    3 Oct 2012, 12:51 PM Reply Like
  • David Urban
    , contributor
    Comments (1031) | Send Message
    Excellent use of sarcasm.
    3 Oct 2012, 11:19 AM Reply Like
  • easyfix
    , contributor
    Comments (43) | Send Message
    Great comment Reel Keen. Almost sounded like Will Hunting in Good Will Hunting when he was asked why he would not work for the NSA.
    3 Oct 2012, 01:24 PM Reply Like
  • detto
    , contributor
    Comments (76) | Send Message
    Good sarcasm. Love how the right wings are crushed once again.
    3 Oct 2012, 01:56 PM Reply Like
  • ComputerBlue
    , contributor
    Comments (1165) | Send Message
    Michael Dukakis in 2016! baha
    3 Oct 2012, 02:14 PM Reply Like
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