Just 98K jobs created in March, crickets from the WH. (user search)
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  Just 98K jobs created in March, crickets from the WH. (search mode)
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Author Topic: Just 98K jobs created in March, crickets from the WH.  (Read 970 times)
GeorgiaModerate
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« on: April 07, 2017, 12:07:34 PM »
Quote from: Tender Branson on April 07, 2017, 09:13:57 AM
The ADP had +280.000 on Wednesday.

Usually, the ADP report and the jobs report are not that far apart (+/- 50.000 or 100K at the worst).

Why the big difference this month ?

One thing to remember is that the jobs report has a fairly wide margin of error; ISTR that it's about 90K, although I'm not 100% certain.  So a report of +98K could quite reasonably mean anything from +8K to +188K.  The higher end of that would be consistent with forecasts.
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