Is this a light at the end of this Republican Dystopia tunnel? Businesses hire 215,000 in November

[Bill USA]

.. maybe inspite of all the GOP's obstructions of economic stimulus (& jobs boosting) bills and the GOP's threats to shutdown the Government and the GOP's threats to force a default on the USA's debt - scaring businesses to avoid any expansions or additions of full-time permanent employees - creating this Republican Dystopia of a lethargic recovery from the Republican Trickle Down - Deregulation disaster.... perhaps the private sector is starting to drag us out of this Austerity caused Economic Miasma without much help from the public sector (save the heroic efforts of 'Sir' Bernanke, alone against the relentless Austerity Attacks of the 'dark knights' of the GOP).

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Firms add 215,000 jobs in Nov., beat estimates

ADP's estimate of private-sector job gains for November was the highest for any month since last November[/font]

Businesses added 215,000 jobs in November, payroll processor ADP said Wednesday, fueling hopes that the government's closely watched employment report this week will continue a recent string of solid gains.

The increase was the most in a year and soundly beat economists' consensus forecast that 165,000 private-sector jobs were added. They anticipated that the Labor Department on Friday will report about 180,000 employment gains in its survey, which tallies net additions among businesses as well as federal, state and local governments.

The two jobs reports broadly track similar trends but ADP has had mixed success in forecasting the Labor tally. ADP, for instance, said businesses added 130,000 jobs in October while Labor reported 212,000 and 204,000 gains overall, including government positions.

In November, small businesses added 102,000 jobs; large companies, 65,000; and midsize ones, 48,000, ADP reported.

(more)

[Gothmog]

1. ADP does not match up with the DOL

I will be curious to see what the DOL reports on Friday

[Bill USA]

2. has anybody compared ADP and DoL estimates to actuals? That way one could 'handicap' the estimates.

[Fuddnik]

3. I've followed them for years.

ADP seems to err on the rosy side, big time.

But, in their defense, they only count jobs in the private sector. The DOL takes government nimbers into their equation. And for the last 5 years or so, the government has been shedding jobs faster than the private sector can fill them

Also take into consideration that the shed government jobs tent to pay much higher wages and benefits, than the McJobs that are replacing them.