For the second consecutive month, ADP has forecast an unusually high estimate of private job creation for the BLS payroll report. This month ADP's estimate is 325,000 jobs. Last month, and on many other occasions, ADP's estimates and the BLS reports were miles apart. Is one better than the other?
While pondering that question, this month Trim Tabs has stepped up to the plate with a forecast of 38,000 jobs.
Explaining Trim Tabs 38,000 Jobs Estimate
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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.