Back to top

Real Time Insight


Early this morn, the private payroll processor ADP told us total U.S.A. Nonfarm Private Employment rose +175K in January. ADP revised its December’s jobs gain to +227K.  Forecasters looked for +190K job adds out of ADP in January.  So the ADP data more or less met expectations.

Digging in a little further, here is the segmentation in the ADP jobs data.
 
By Company Size
 
Small businesses: +75,000
Medium (50-499) businesses: +66,000
Large (500+ employees) businesses: +34,000
 
Conclusion - Good to see those small businesses forming!
 
By Sector
 
Goods-producing 16,000
Service-providing 160,000
 
Conclusion - It’s been a service economy.  It is still a service economy.
 
Industry Snapshot
 
Professional/business services 49,000
Trade/transportation/utilities 30,000
Construction 25,000
Financial activities 0
Manufacturing -12,000
 
Conclusion - The Financial Activities number at ZERO is telling. The Fed taper has hit this sector, unambiguously.
 
Mark Zandi, chief economist of Moody’s Analytics, posted this comment,
 
"Cold and stormy winter weather continued to weigh on the job numbers. Underlying job growth, abstracting from the weather, remains sturdy. Gains are broad based across industries and company sizes, the biggest exception being manufacturing, which shed jobs, but that is not expected to continue.”
 
My RTI Questions:  What Does This ADP Jobs Report Say About the U.S. Economy?  Will Stock Sellers Care?

Just Released: 5 Stocks to Double

Today, you are invited to download a free Special Report from Zacks Investment Research. It reveals five moves that could gain +100% and more in the next 12 months:

One is a "boring" business delivering blistering growth. Another is a red-hot oil and gas producer set to surge on a drilling breakthrough. Still another, an online payment provider, ignited a 53% sales explosion during the past year.

Close This Panel X

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
RPC INC RES 24.91 +8.35%
LITHIA MOTO… LAD 94.59 +4.60%
DELTA AIR L… DAL 39.15 +3.90%
FLAMEL TECH… FLML 14.51 +3.50%
SOUTHWEST A… LUV 28.87 +2.92%