Tag Archives: ADP payroll survey

Why Has U.S. Made Such a Mess of It?

Popular Economics Weekly Wrightson.com Private sector employment decreased by – 2,760,000 jobs from April to May according to the May ADP National Employment Report®, much less than the original estimate of –8 million jobs. It precedes Friday’s official government unemployment … Continue reading

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Why Has U.S. Made Such a Mess of It?

Popular Economics Weekly Wrightson.com Private sector employment decreased by – 2,760,000 jobs from April to May according to the May ADP National Employment Report® released today that precedes Friday’s official government unemployment report for May. Friday’s unemployment report is predicted … Continue reading

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A Weak Unemployment Report Tomorrow?

Financial FAQs ADP There could be a sharp drop in new job creation in tomorrow’s Labor Department unemployment report. Why? The GM strike could have shaved as much as 65,000 jobs from the report due to layoffs over the past … Continue reading

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How Much Has US Economy Slowed?

Financial FAQs Calculated Risk It’s a difficult question to answer. We know the US economy is slowing, and the manufacturing activity is already contracting—the first of the four indicators that are used to call a recession—per the ISM’s Manufacturing Diffusion … Continue reading

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A Gangbusters Jobs Report Tomorrow?

Financial FAQs It looks like tomorrow’s unemployment report could be the best of the New Year.  That’s because ADP’s February private payroll estimate is 298,000, a yuge number. This would make tomorrow’s jobs report the biggest gain since October 2015 … Continue reading

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Lower Payroll Employment Tomorrow?

Popular Economics Weekly Will tomorrow’s unemployment report be disappointing, and so cause the Fed to hesitate in raising their overnight interest rate above 0.25 percent, as they’ve been saying they will do this month? The most current economic indicators show … Continue reading

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Big Surge In Vehicle Sales, Service Sector, ADP Employment

Popular Economics Weekly Why start with motor vehicle sales? “Consumers weren’t holding back in May when it came to buying cars and trucks which sold at a 17.8 million annual rate for a whopping 7.9 percent gain from April,” said … Continue reading

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Labor’s Day Not Celebrated?

Financial FAQs It looked like August’s unemployment report would celebrate this year’s Labor Day in a big way. We know it because most employment indicators point to many more jobs this year that also pay more. Starting with the August … Continue reading

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Manufacturing Continues Expansion (So Austerity Not the Answer)

“Manufacturing continues to lead U.S. recovery”, said the April ISM manufacturing survey that measures overall manufacturing activity. “The PMI registered 54.8 percent, an increase of 1.4 percentage points from March’s reading of 53.4 percent, indicating expansion in the manufacturing sector … Continue reading

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Consumers Feel Better

Popular Economics Weekly Black Friday, or the day after Thanksgiving, was an eye-opener. Sales jumped 7 percent, a record, and Monday’s cyber-sales followed its lead. How can consumers be spending so much with incomes that aren’t rising as much? One … Continue reading

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