Message to ADP's skeptics: Let Labor catch up
By Market Watch
ADP is reporting July jobs growth that's well above what's expected out of Labor's report on Friday. So Joel Prakken of Macroeconomic Advisors has a message for ADP's skeptics: Just wait. Prakken says the job gains ADP reported last winter were "initially greeted with some skepticism, but a month or two later the BLS data picked up and showed a similar kind of pattern." Uploaded 9 months ago -
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