News

Be very skeptical of ADP report showing economy lost jobs for the first time in years
The simple truth is that ADP is a poor predictor of the official U.S. jobs report produced by the U.S. Bureau of Economic Analysis. The two reports use different methods to measure the size of the ...
The Private Sector Just Lost 33,000 jobs
Key Takeaways The ADP private-sector payroll report showed that employment levels fell by 33,000 in June.Economists were ...
What To Expect From the June Jobs Report on Thursday
Key Takeaways Economists estimate that the U.S. labor market cooled in June, with the consensus forecast showing that employers likely added 110,000 jobs, down from 139,000 in May.The unemployment ...