ADP optimistically predicts flat job growth

"Though inventory is more than adequate on the upper-end market, the insufficient supply of low to mid-priced homes in metro markets with strong job growth continues to drive up prices and push prospective buyers out of the market," he said.

ADP expects adjusted earnings to grow in the range of 12-13%, up from 5-7%. The forecast reflects the ongoing estimated benefits from the enactment of the Tax Cuts and Jobs. revenue growth of 11%.

Daily Market News - February 3rd, 2016 Although the year-over-year growth trend for the labor market has slowed considerably from the 2.6% post-recession peak in 2015, the latest ADP results suggest that a moderate annual pace of 1.8%.

 · The ADP employment report is out, and it predicts June’s strong job growth will carry over into July. The report shows an increase in jobs by 179,000. Most of these jobs it predicts.

ADP is doubling down on optimism in job creation for January after missing the mark big time in December. The ADP national employment report again predicts job growth in the private sector, though.

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Private-sector jobs growth came in at a disappointingly weak 133,000 from April to May, according to a report from ADP and Macroeconomic Advisors that adds to a bleak outlook for employment.. Economists had expected the report to show nongovernment jobs grew by 150,000.

made using the ADP payroll data: regressing the growth rate in each cell on a dummy variable which, if significant, is used to eliminate the long-month effect. Adjusting the ADP data to align with the BLS sample Although ADP processes the payrolls of companies representing 20% of all U.S. employment, the composition of

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