May 2013 Jobs Data Could Show Fed Has No Reason To Signal Or Taper In 2013

Recent Fed Signaling May Be Too Early Depending On May 2013 Jobs Data: The stock market has been on a tear recently but Fed officials have been making comments that are getting market participants nervous.  This week’s ISM report, ADP payroll information and initial jobless claims data shows this approach may have been a bit[…]

The 3 Most Important Highlights From The FOMC Rate Decision May 1 2013

FOMC Does Not Signal End To QE: The FOMC’s statement today was strong/bullish but most of the attention was not on the lack of inflation or that the FOMC could make additional bond purchases.  ADP’s data today showed the economy is exceptionally weak with only 119 private jobs in April 2013 The 3 Most Important[…]

S&P 500 Loses 1 Percent On Poor ADP Employment Data March 2013, North Korea Concerns

U.S. Companies Add 158,000 Private Jobs U.S. companies added a meager 158,000 in March 2013 according to ADP and this was far below what most economists expected.  The increase in private sector jobs in March was slightly below the mean for the last few months and way below what would be considered expansionary.  This leaves[…]

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ADP April 2012 Jobs Report Shows Trend Decline, March New Factory Orders Fall

ADP April 2012 Jobs Report Shows Trend Decline, March New Factory Orders Fall: U.S. Jobs Growth Gets Worse ADP said the U.S. added less jobs in the month of April. ADP’s private survey of U.S. businesses showed a sharply reduced hiring rate last month even with warmer than usual weather.  ADP said today that businesses[…]

U.S. Private Sector Employment Data Shows Contradicting Evidence

U.S. Private Sector Employment Data Shows Contradicting Evidence: ADP said today, private employers added to their payrolls this month.  According to ADP, private payrolls increased by 91,000 in the month of September but economists surveyed by Reuters expected less new jobs.  Although payrolls increased in September, they were revised down to 89,000 for August from[…]

Jobless Benefits Claims Back Above 400,000

Jobless Benefits Claims Back Above 400,000: The jobs problem in the U.S is still a massive issue. The number of Americans seeking benefits for unemployment is back above the 400,000 level which seems to remain a sticky benchmark.  There was some excitement last week when jobless benefits dipped below 400,000 but we believed this number[…]