ADP Employment Rose 91,000 In September

October 5th, 2011 by Belisarius

(For September 2011)

ADP Employment rose 91,000 in September vs. revised (down 2,000) gain of 89,000 in August.

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

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