ADP Estimates Nonfarm Payroll Growth at +163,0000; Why I’ll Take the Under (Way Under)
by Mike Shedlock
MISH’S Global Economic Trend Analysis
ADP job estimates have been on the high side of BLS estimates for months, and I expect that to be the case again this Friday.
Please consider some snips from the July 2012 ADP National Employment Report®
Employment in the U.S. nonfarm private business sector increased by 163,000 from June to July, on a seasonally adjusted basis. The estimated gain from May to June was revised down slightly,from the initial estimate of 176,000 to 172,000.
Continue Reading at GlobalEconomicAnalysis.Blogspot.ca…
2012-08-01 11:03:46
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