Trump Pubishes New Details About Retaking the Panama Canal
Post-Assad Syrian Christians Rise Up to Celebrate Christmas
The Details Are in on How the Feds Are Blowing Your Tax Dollars
Since When Did We Republicans Start Being Against Punishing Criminals?
Poll Shows Americans Are Hopeful For 2025, and the Reason Why Might Make...
Protecting the Lives of Murderers, but Not Babies
Wishing for Santa-Like Efficiency in the USA
Remember the Man Accused of Murdering Four University of Idaho Students? Well...
Russia Launched an ‘Inhumane’ Christmas Day Attack on Ukraine
Celebrating the Miracle of Redemption
A Letter to Jesus
Here's Why Texas AG Ken Paxton Sued the NCAA
Of Course NYT Mocks the Virgin Mary
What Is With Jill Biden's White House Christmas Decorations?
Jesus Fulfilled Amazing Prophecies
OPINION

Jobs Momentum

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Advertisement
Advertisement
Advertisement

Before the ADP report Wednesday morning, LinkedIn posted its ‘Workforce Report,’ which showed the beat in back to back months of hiring (Dec & Jan) since 2015.  December was up 8.4% and January +11.4%, with significant momentum leading into February.

Advertisement

That momentum was reflected in the ADP report this morning. Now, the question is what does this mean for Friday’s report when the official government number is released. The ADP report was much maligned, and even today, it has had a mooted impact on the market. I bet every estimate on the street changes overnight and consensus will leap above 200,000.

This is because ADP has been just about spot on recently, not just with direction, but the actual private sector number.

https://www.adpemploymentreport.com/2017/February/NER/images/charts/Historical-Trend-Change-in-Total-Nonfarm-Private-Employment-February-2017.gif

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos