http://econintersect.com/wordpress/?p=10404
June 2011 ADP Employment Growth: Not Good, Not Bad
In June 2011, ADP (the largest payroll provider in the USA) says USA non-farm private payrolls increased 157,000. This means employment growth approximately equals workforce growth. The June 2011 data suggests the employment picture in the USA is neither improving or worsening.
Econintersect believes the simplistic sampling extrapolation technique of ADP yields a far better picture of the employment situation than the complicated, convoluted Bureau of Labor Statistics (BLS) methodology.
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