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ADP: Steady As She Goes

TedTed
in Off-Topic
FYI: Today’s payrolls report from ADP provided some positive news on the employment front as private payrolls for the month of November increased more than expected. While economists were forecasting the November report to come in at a level of 190K, the actual level was 27K higher at 217K and the third highest monthly reading this year.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/adp-steady-as-she-goes/

Comments

  • TSP_TransferTSP_Transfer
    image
    By James Picerno | Dec 2, 2015 at 09:57 am EST The Capital Spectator
    ADP: US Private Employment Growth Accelerated In November
    US companies added 217,000 workers in November, according to this morning’s update of the ADP Employment Report.
    “The current pace of job creation is twice that needed to absorb growth in the working-age population,” said Mark Zandi, chief economist of Moody’s Analytics, which produced today’s report in collaboration with ADP. “The economy is fast approaching full employment and will be there no later than next summer.”
    http://www.capitalspectator.com/adp-us-private-employment-growth-accelerated-in-november/#more-6637
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