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dmallind

(10,437 posts)

8. That's a forward looking measure. ADP backward looking

Reply to Laura PourMeADrink (Reply #7)

Wed May 2, 2012, 09:49 AM

May 2012

It's no weirder that they disagree than weather forecasts for yesterday and tomorrow (less accurate to boot). Gallup measures self-reported intent to add or shed jobs. ADP measures new jobs already added to payrolls (by a subset of employers).

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Per CNBC - ADP Numbers bad [View all] Laura PourMeADrink May 2012 OP

But the Dow is almost back to pre-crash heights MannyGoldstein May 2012 #1

Double bonus for Romney. Gets to say recovery too slow, too few jobs, plus he Laura PourMeADrink May 2012 #2

Way more than the top 10% leftynyc May 2012 #3

80% of stocks are held by the top 10% nt MannyGoldstein May 2012 #4

Isn't it all relative though? My IRA is 100% composed of stock. It may be a pittance compared Laura PourMeADrink May 2012 #5

Given that ProSense May 2012 #6

gallup says "US Job Creation Near four Year High" Laura PourMeADrink May 2012 #7

That's a forward looking measure. ADP backward looking dmallind May 2012 #8