WOOT!!: ADP EMPLOYMENT REPORT: +201,000 SA

[kpete]

WOOT!!: ADP EMPLOYMENT REPORT: +201,000 SA

In my email from Macro Advisors:

Private nonfarm payroll employment increased by 201 thousand from July to August on a seasonally adjusted basis, according to the ADP National Employment Report. This is above consensus expectations of a 125 thousand increase.

http://delong.typepad.com/sdj/2012/09/woot-adp-employment-report-201000-sa.html

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According to Automatic Data Processing's monthly report released Thursday morning, the U.S. nonfarm private business sector added 201,000 new jobs in August on a seasonally adjusted basis. That was a third more than a consensus of experts surveyed by Bloomberg had estimated would be the case. The estimated gain for July was revised up from 163,000 to 173,000.

much more:
http://www.dailykos.com/story/2012/09/06/1128388/-ADP-Job-gains-for-August-well-above-expectations-First-time-benefit-claims-fall-to-one-month-low

REPORT: http://www.adpemploymentreport.com/pdf/FINAL_Release_August_12.pdf

[NotThisTime]

1. That's terrific, keep adding those JOBS

[BlueStreak]

2. Sounds like good stuff, but remember that ADP numbers often are way off from BLS