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View Diary: ADP reports 162,000 new private jobs were created in September (50 comments)

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  •  One problem is, ADP report is less relevant now (1+ / 0-)
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    ADP only has data on their customers.  While ADP is still huge, over the years more small business packages have come out (Peachtree, Quickbooks, etc.). More companies have also taken payroll processing back in-house due to ADP's rising cost, as well as the improvements in technology making it easier to do in-house.

    So, the population measured by ADP is less reflective of the overall private sector.

    Liberalism is trust of the people tempered by prudence. Conservatism is distrust of the people tempered by fear. ~William E. Gladstone, 1866

    by absdoggy on Wed Oct 03, 2012 at 06:10:06 AM PDT

    •  Absolutely right (0+ / 0-)

      I worked for an electrical contractor for almost 20 years and they did payroll in house (union shop that must pay the electricians every week).  Then they moved to ADP for several years (possibly 5-7).  Afterwards they moved a much larger payroll back in house, because it was much cheaper and easier to regulate.

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