Why Are Deep Red State Republican Senators So Often Squishes?
Stone Age Ports
Crash Retrievals, Reverse Engineering, and the Cost of Secrecy: The UAP Debate Unfolds.
Democratic Anger About Biden Pardon Is All About Trump
More Biden Abuse of Power
The Press Still Pretends the Justice Department Is Pristine
Drug Price Controls Threaten Cancer Cures
End the Sanctuary-for-Migrants Madness
Republicans Still Don't Get It
The Looming Resistance to Donald Trump’s Immigration Agenda
Jill Biden’s Christmas Circus: A Confusing End to a Crummy Four Years
Chris Wright’s Appointment as Secretary of Energy Exposes Media Ignorance
The Fall of DEI: How President Trump Ushers in a Merit-Based Future
American Patients Were Big Winners on Election Night
Nationwide Injunction against Deep State FinCEN
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