Strategy Article Archive

Bill Hubard sees non-farm payrolls coming in at 185,000 after ADP

By Bill Hubard - Chief Economist-Markets.com

Date: Wednesday 05 Jun 2013

The May ADP National Employment Report (NER) revealed a gain in private sector payrolls of 135,000 following a revised increase of 113,000 for April (previously +119,000).

The absolute difference between the first ADP estimate each month and the first BLS closing on private sector payrolls has averaged 42,000....

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