Analysts were left shocked Wednesday after ADP released its latest jobs report that showed private employers had shed 32,000 jobs in September, a stark contrast to the expected gain of around 50,000 jobs.
The latest job numbers follow a wave of bad economic news for Trump, who raged against previous reports that showed a sharp decline in job growth, going as far as to call job numbers coming out of his own administration “rigged,” and firing the BLS chief in retaliation.
Who is he going to fire over this one?
Hopefully himself, that’s the most effective way to solve the problem.
That’s the beauty of it! One of the largest, if not the largest, payroll firms announced this. He cannot touch it. OTOH, I’m sure some calls will be made to ADP.