JOLTS Report on Deck

Research Reports

by Ian Shephardson of Pantheon MacroEconomic ADP and JOLTS are Unreliable Guides to Labor Market Trends The record of the all-new ADP methodology in predicting the first estimate of the monthly official private payroll numbers is unimpressive, as our first chart shows. ADP’s 106K increase in January completely failed to spot the 443K surge in…...

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