ADP: Strong Private Employment Numbers for March

Discussion in 'Current Events' started by Forum4PoliticsBot, Apr 10, 2012.

  1. Forum4PoliticsBot

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    More great news for Americans not invested in failure; the ADP Private Employment Report is reporting job gains well over 200,000.

    Ahead of the BLS jobs report, this is a good indication that friday's jobs numbers will see the strong upward trend in job growth continue.

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    [TD="class: alt2"] [HR][/HR] http://economywatch.msnbc.msn.com/_n...iring-in-march

    Businesses added 209,000 jobs in March, suggesting the recent improvement in the labor market continuing, a report by a payrolls processor showed on Wednesday.

    The ADP National Employment Report was slightly above economists' expectations for a gain of 200,000 jobs. Analysts said it did not change their forecasts for the government's more comprehensive labor market report due on Friday, which includes both public and private sector employment.

    Job gains for January and February were also revised up to 182,000 and 230,000, respectively. The report is jointly developed with Macroeconomic Advisers LLC.

    "My conclusion is the employment growth trend that we've seen over the last year remains in place and we probably will see a decent employment number on Friday when the Department of Labor reports non-farm payrolls," said Fred Dickson, chief market strategist at D.A. Davidson & Co in Lake Oswego, Oregon. [HR][/HR] [/TD]
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    Ok, release the "Government is fudging the numbers" and "Obama's raising our fuel prices" hounds of Hell.


    Thread started at Forum 4 Politics on 04-04-2012 11:13 AM
     

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