Brutkey

StillIRise1963
@StillIRise1963@mastodon.world

So, who outside the government takes over labor statistics?


Finitum
@Finitum@mastodon.social

@StillIRise1963@mastodon.world ADP. If feds numbers are wildly off ADP's payroll numbers, no one will believe the feds anymore.

Extra_Special_Carbon
@Extra_Special_Carbon@mastodon.world

@Finitum@mastodon.social @StillIRise1963@mastodon.world Is there any publication that puts those numbers side by side? I’d like to see.

Finitum
@Finitum@mastodon.social

@Extra_Special_Carbon@mastodon.world @StillIRise1963@mastodon.world whenever the quarterly stats come out the two are compared with the asterisk that ADP doesn't cover govmt jobs. Just about any financial news source covers it, here's a page with some comparisons: https://www.advisorperspectives.com/dshort/updates/2025/07/30/adp-private-employment-report-july-2025
Trump didn't like the revision, there's always been revisions, its good to revise. He's a walking talking Dunning Kruger effect.