There's much skepticism over ADP's report that the U.S. economy created 297,000 jobs in...
There's much skepticism over ADP's report that the U.S. economy created 297,000 jobs in December. “ADP has had some spectacular misses, and I’m a little bit hesitant at this point to fully buy into the data,” Deutsche Bank's (DB) Joe LaVorgna says. Economists generally distrust the ADP numbers because the methodology is different than used in government totals.
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