private payrolls

Where the Signs Point to a Strengthening U.S. Economy

If you glanced at just one or two headlines from last week's reports on the U.S. economy, you might have concluded that things haven't changed that much. In fact, digging deeper reveals that business conditions are improving. Even the puzzling payroll report has hopeful indicators.

Take the ADP Jobs Number With a Boulder of Salt

ADP excludes government jobs. It's also notoriously volatile and has a history of big misses in forecasting the official number. But perhaps most important is that it just doesn't jibe with other recent data points -- or the recovery's pace.

Private Employers Added 93,000 Jobs in November

ADP reported the biggest private sector job gain in three years, and it revised October's total to 82,000 -- nearly double the initial estimate. A retrenchment is always possible, but it now appears that the long period of job losses is ending.

Services Lead Job Growth in September

The long period of large monthly losses appears to be ending, as the private sector added 43,000 jobs in October, according to ADP's latest report. And September's job loss was greatly revised, from an initial estimate of 39,000 down to just 2,000.