In Depth Analysis: CalculatedRisk Newsletter on Real Estate (Ad Free) Read it here.

Wednesday, April 04, 2007

ADP: Private Employment Increased 106K in March

by Calculated Risk on 4/04/2007 09:06:00 AM

According to ADP:

Private nonfarm employment grew 106,000 from February to March of 2007 on a seasonally adjusted basis
After changing their methodology, ADP was very close to the BLS last month (57K vs 56K for the BLS). Remember ADP reports private sector jobs only, so this report doesn't include government jobs.