ADP Employment Rose 91,000 In August

(For August 2011)

ADP Employment rose 91,000 in August vs. revised (down 5,000) gain of 109,000 in July.

This was a bad predictor of non-farm payrolls in recent months, so I suspect it will be a bad proxy this time also.

This entry was posted on Wednesday, August 31st, 2011 at 6:46 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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