I recall that we've seen this on several occasions: ADP makes a splashy headline that gets my hopes up, and then the Dept. of Labor Statistics deflates them a few days later.
I ask this in all seriousness. I'm hoping that some of the more economically/statistically informed people who frequent DKos will explain.
If ADP says that 201,000 private sector jobs were added in August, shouldn't they know? After all they process payrolls for a large swath of private sector companies. Is that swath not a representative sample of the sector?
Or are we losing more public sector jobs and that's offsetting the bump in private sector job growth?
I have a relatively high comfort level with most cognitive dissonance, but this is starting to irk me.