Tag: NFP
Nowcasting Non-public NFP utilizing ADP Information
My guess for personal NFP:
Determine 1: Non-public NFP (daring black), nowcast (blue), +/- 1 std error band (grey), Bloomberg consensus (crimson +). Supply: BLS,...
A Puzzle: Personal NFP and the Preliminary Benchmark vs. Present Official [updated]
The puzzle stays: regardless of an under-consensus 99K addition to personal ADP-Stanford NFP (far beneath consensus 144K). ADP cumulative change above CES cumulative change,...
Totally different Counts of NFP Good points
All present beneficial properties since January 2023, save the CPS primarily based.
Determine 1: Cumulative change in NFP employment based on CES (daring black), implied...
A Puzzle: Non-public NFP and the Preliminary Benchmark vs. Present Official
The ADP survey cumulative improve in non-public NFP since 2023M03 is 3.1mn, extra than the two.8mn reported within the present official CES collection.
In distinction,...
