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(12,098 posts)

11. The ADP doesn't do unemployment numbers. We'll have to wait for the BLS numbers on Friday for that

Wed Jun 4, 2025, 10:23 AM

Jun 4

Also,

The ADP numbers cover only about 20% of the nation's private workforce.
https://www.federalreserve.gov/newsevents/speech/powell20191008a.htm

the ADP National Employment Report and ADP Small Business Report are derived from ADP payroll data representing 460,000 U.S. clients and nearly 26 million workers
https://finance.yahoo.com/news/september-2021-adp-national-employment-121500533.html
the above link is no longer good, but archive.org has it:
https://web.archive.org/web/20211207005815/https://finance.yahoo.com/news/september-2021-adp-national-employment-121500533.html

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Highlight:

Trump says 'Too Late' Powell must lower interest rates after weak ADP jobs report [View all] BumRushDaShow Jun 4 OP

IOW, lower the interest rate on the $31 trillion debt. no_hypocrisy Jun 4 #1

{moot} Bernardo de La Paz Jun 4 #5

My bad. Corrected. Thank you. no_hypocrisy Jun 4 #6

'Too Late'? That's the nickname? tanyev Jun 4 #2

his brain is fried rurallib Jun 4 #16

I mean, "Procrastinatin' Powell" would have had some heft to it. tanyev Jun 4 #17

Where I grew up they called such people stupid, really fuckin' stupid. twodogsbarking Jun 4 #3

God help us.................... Lovie777 Jun 4 #4

TACO having a sad Aviation Pro Jun 4 #7

He's At It Again... GB_RN Jun 4 #10

Trying to control the narrative Owens Jun 4 #13

Little donny just can't admit it's his "economic strategy" slightlv Jun 4 #15

TACO Don's economy is tanking BIGLY!!! ProudMNDemocrat Jun 4 #18