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Private payrolls increase by just 374,000 in August, far short of the 600,000 estimate, ADP says

m.knox

Well-Known Member
Gold Member
Aug 20, 2003
124,659
83,962
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Another miss under Biden. Yet another miss......

His solution. MORE GUBMINT SPENDING. Gubmint spending IS the panacea for societal ills... LMFAO.....

I'm sure Joey Asthma is already trying to "craft the message" with the labor department.....

https://www.cnbc.com/2021/09/01/pri...ar-short-of-the-600000-estimate-adp-says.html

  • Private payrolls rose by 374,000 in August, well below the Dow Jones estimate of 600,000 though above July’s 326,000, according to ADP.
  • Most of the new jobs came from leisure and hospitality, which added 201,000 positions.
  • The ADP tally comes two days before the Labor Department’s nonfarm payrolls report. The two counts have differed widely this year.
 
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