US June ADP employment data +98K vs +118K expected
- Prior was +122K
Details:
- Goods xxK versus -3K last month
- Service xxK versus +36K last month
- Small business xxK vs +49K prior
- Medium businesses xxK vs +10K last month
- Large businesses xxK vs +40K last month
Wages:
- Wages for job stayers xx% vs 4.4% last month
- Wages for job changers xx% vs 6.5% last month
For background, the ADP National Employment Report tracks monthly changes in US private-sector employment, drawn from aggregated and anonymized payroll data covering more than 26 million employees, produced by ADP Research with the Stanford Digital Economy Lab. It lands two days ahead of the BLS nonfarm payrolls print, though the two series correlate poorly and ADP is best read as its own signal rather than a payrolls preview.
This article was written by Giuseppe Dellamotta at investinglive.com.提供 MainLink：Investinglive RSS Breaking News Feed
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