Since job gains peak mid-cycle, don’t expect the jobs report to throw the Fed off course

Quick message here prompted by the ADP payroll numbers

Now, the ADP numbers don't line up with the official payroll numbers released two days later but they are a good proxy for directionality if you look at the rolling 12-month change in payrolls.

Job growth in 2018 is slowing. And that's to be...


Most of the new content on this site requires a subscription.

Click here to subscribe. Your readership is greatly appreciated!

Registered users can log in by entering details here or below.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More