Browsing: ADP

ADP private nonfarm payroll (NFP) employment down -32K vs. +5K Bloomberg consensus. Mfg employment down 6K. Figure 1: ADP private…

by Calculated Risk on 12/02/2025 07:44:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.Wednesday:• At…

Bloomberg consensus is +7K for ADP release. Figure 1: ADP private nonfarm payroll employment (bold black), ARIMA(1,1,1)…

From ADP via Paweł Skrzypczyński: Recall that the ADP report does not include government jobs.

ADP released +42K private NFP surprises upside (+32K Bloomberg consensus). Figure 1: ADP private NFP, October release…

Using 2022M01-25M08 data on implied preliminary benchmark private employment, a regression on first log differences yields a…

I estimated three models, 2021-2025M08, resulting in adjusted R2 of between 0.54 (based on ADP data) to…

My nowcast of BLS private nonfarm payroll employment was for a decreaes of 78K, but with a very wide prediction…

Since we won’t get the BLS September numbers on Friday, this is what we have. Figure 1:…

by Calculated Risk on 9/30/2025 07:51:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.Wednesday:• At…