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Why ADP & Labor Dept. Jobs Numbers Differ

Thu, 06/27/2013 - 1:08pm
CNN Money

ADP CFO Jan Siegmund says that his company's monthly employment report uses 'real-time payroll processing transactions' to calculate jobs data, unlike the BLS which uses surveys. Siegmund says that ADP has worked very hard to create a very high quality, sustainable, and relevant measure. See an earlier part of this interview that focuses on what the jobs data is telling us now, here.

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Have any comments or questions about our video editions of IMPO? Or do you have a video you'd like to see featured in one of our deployments? Email me at Rachel.Immel@advantagemedia.com.

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