September Private Nonfarm Payroll Employment According To ADP

Image Source: Pixabay
 

Since we won’t get the BLS September numbers on Friday, this is what we have.

 

Figure 1: BLS private nonfarm payroll employment, August release (blue), implied preliminary benchmark revision (light blue), ADP-Stanford Digital Lab August release (pink), ADP-Stanford Digital Lab September release (bold red), Bloomberg consensus calculated by iterating net job gain on August ADP figure (red +). Source: BLS, ADP via FRED, BLS, Bloomberg, and author’s calculations.

 

---

More By This Author:

Conference Board: “A Sharp Deterioration In Consumers’ Views Of The Current Economic Situation Weighed On Confidence”
Confirmed: Uncertainty About Trade Policy Rises
Trump Shock On GDP Vs. “Core GDP” Trajectories