Tag Archive for ADP

ADP Miss – Is the Jobs Trend Changing?

ADP reported that only 118,000 jobs were added in November and October’s reading was also revised slightly lower to 157,000 from 158,000. Expectations were for 129,000 jobs to be created in November and this miss now marks the fourth month of decline for ADP job creation (the BLS data has been relatively stable, but is…

Zacks.com – Employment Trifecta?

After the better than expected ADP and unemployment claims reports, the BLS delivered a better than expected gain of 171,000 jobs in October versus expectations of roughly 123,000.gb August and September jobs were both revised higher adding roughly 84,000 between the two. Even with this seemingly positive data, the unemployment rate actually rose to 7.9%. …

Are Unemployment Benefits Excessive?

Jobless claims came in at 369,000, just below expectations of 371,000. This week’s reading was a welcome reduction after last week’s surprise jump. If you look at the average of new claims filed, the pace of firings has been little changed. This seems to indicate that employers are keeping things on the hiring side status…

Does the Jobs Number Even Matter?

  Friday morning at 8:30am, investors will know just how bad the employment situation in the US really is. The consensus among analysts is for 92,000 new jobs to be added to the economy; some estimates are higher than 100k, others are down around 60k. After reading countless articles, watching hours of CNBC, Fox and…

The Truth Behind Jobs Report Numbers

Jared Levy, Editor, Option Strategies Weekly Tuesday, 02 August 2011   If you are a long-time reader of Smart Investing Daily, you know my predictions on the monthly Bureau of Labor Statistics (BLS) jobs report are pretty accurate. The Bureau of Labor Statistics jobs report is released on the first Friday of every month, and…