January 10, 2022 – Boyd Watterson

Taking a closer look at the components of the December Payrolls Report, as well as other economic and market signals in order to form a more complete view of the current environment.

January 10, 2022Joseph KhouryEconomic and Market Commentary

Last week, labor data from Automatic Data Processing, Inc. (ADP) and the Bureau of Labor Statistics (BLS) were updated for the month of December. ADP Nonfarm Private Payrolls reported a +807,000 jump in the month of December, the largest increase since May 2021. This marks the twelfth consecutive month of positive prints for ADP Payrolls....

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Taking a closer look at the components of the December Payrolls Report, as well as other economic and market signals in order to form a more complete view of the current environment.