Pantheon Macroeconomics - The official payroll numbers seem not to be consistently affected by seasonal adjustment problems when Easter falls in March, probably because the earliest possible date for the holiday, the 23rd, comes long after the payroll data are captured. The BLS data cover the week of the 12th.

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4 May. 2016 Will the March Easter Depress the April ADP Employment Number?

By Ian Shepherdson

The official payroll numbers seem not to be consistently affected by seasonal adjustment problems when Easter falls in March, probably because the earliest possible date for the holiday, the 23rd, comes long after the payroll data are captured. The BLS data cover the week of the 12th.

Posted: 4th May 2016 in 'U.S. Documents'

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