By Jill Mislinski
In Wednesday morning's ADP employment report, we got the January estimate of 213K new nonfarm private employment jobs from ADP, a decrease over December's revised 263K. The popular spin on this indicator is as a preview to the monthly jobs report from the Bureau of Labor Statistics. But the ADP report includes a wealth of information that's worth exploring in more detail.
Here is a snapshot of the monthly change in the ADP headline number since the company's earliest published data in April 2002. This is quite a volatile series, so we've