ADP Employment

July 1, 2020 As shown above the ADP survey shows an impressive correlation with the private sector portion of the payroll employment data to be released a couple of days later.  And well it should.  ADP, or Automatic Data Processing, Inc. is a provider of...

Average Duration of Unemployment

June 5, 2020 With  20,000 workers added to the unemployment rolls in April, the average duration of unemployment plunged by 11.0 weeks in April from 17.1 to 6.1 weeks.   This series rebounded by 3.8 weeks in May to 9.9 weeks but obviously remains quite short.. Stephen...