Pantheon Macroeconomics - The ADP employment report was on the money in October at the headline level--it undershot the official private payroll number by a trivial 6K--but the BLS's measure was hit by the absence of 46K striking GM workers from the data.

U.S. | 4 Dec 2019 ADP Employment Likely to Capture Weakening Labor Demand
The ADP employment report was on the money in October at the headline level--it undershot the official private payroll number by a trivial 6K--but the BLS's measure was hit by the absence of 46K striking GM workers from the data.

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4 Dec 2019 ADP Employment Likely to Capture Weakening Labor Demand

By Ian Shepherdson

The ADP employment report was on the money in October at the headline level--it undershot the official private payroll number by a trivial 6K--but the BLS's measure was hit by the absence of 46K striking GM workers from the data.

Posted: 4th Dec 2019 in 'U.S.'

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