Last month, after an incredibly strong record ADP, which showed job growth in the private sector by 297 thousand, the market tuned to a brilliant record of employment outside the agricultural sector, but were lowered from heaven to earth, as the actual increase was only 103 thousand while employment in the private sector has improved by 113 thousandLabor market - the last sector of the economy, which should start to grow, as all other signs the U.S. economy has entered a phase of steady recovery, and it is not just the restoration (although we remain convinced that many difficulties lie ahead). Perhaps it is a universal desire to labor market caught up with the rest of the economy, has provoked a wave of speculation after the release of the report ADP, which showed an increase of 297 thousand, but we prefer to blame the differences in the principles of counting. Bureau of Labor Statistics says that the market participant has a job only if the employee was listed in the company and worked during the study period, whereas ADP believes everyone who was listed in the company. Therefore, weather conditions and failure to update the data on the company's employees could affect the rate study ADP in January. Today we know that, and while we expect that the monthly employment gains, according to ADP, to return to a more reasonable level of about 100 thousand
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