Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Mongo2116 who wrote (1340839)	2/3/2022 8:11:08 AM
From: Sdgla	1 Recommendation Read Replies (1) of 1572371

Here It Comes, ADP Reporting a Massive Loss in January Jobs of 301,000 February 2, 2022 \| Sundance \| 233 Comments The business and financial wires are melting down today as ADP Payrolls, the nation’s largest private sector payroll providing service, releases data from January showing a drop of 301,000 jobs. [ ADP Raw Data Here] The financial, economic and business pundits are completely caught off guard and using the words “shocked”, “unexpected” and “surprised,” within their analysis. These employment numbers just don’t align with an economy growing at 6.9%, as measured by the Bureau of Economic Analysis (BEA). However, for CTH readers who have carefully scrutinized the economic claims and looked at the bigger picture through the prism of kitchen table checkbook economics, these results are not a surprise.

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