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Something for your Espresso: The one on ADP, AI and the economy

Is the ADP a decent indicator of the labour market, and could the weakness be explained away by AI? Apparently markets now celebrate a job report that is weak enough to speculate.
2025-07-03
<a href="https://stenoresearch.com/author/andreas/" target="_self">Andreas Steno</a>

Andreas Steno

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Is the ADP a decent indicator of the labour market, and could the weakness be explained away by AI? Apparently markets now celebrate a job report that is weak enough to speculate.

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