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ADP

Posted by WARREN MOSLER on January 7, 2009 in Karim No Comments


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Karim writes:

  • 1st attempt by ADP to ‘sync’ with BLS methodology to more accurately forecast payrolls and avoid persistent large-scale misses of past 2yrs:
  • And the prediction is: -693k
  • About 200k worse than consensus for Friday.


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by WARREN MOSLER