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ADP payroll processing data can provide early look at Texas job growth

Keith Phillips and Christopher Slijk

Southwest Economy, 2015, issue Q2, 10-13

Abstract: A monthly estimate of state job growth prepared by payroll processor ADP is a reliable advance indicator of changes in official employment data released by the Bureau of Labor Statistics. The ADP figures are useful in providing timely analysis of the Texas economy.

Date: 2015
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http://www.dallasfed.org/assets/documents/research/swe/2015/swe1502d.pdf Full text (application/pdf)

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