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US ADP April employment +296K vs +148K expected

Prior was +145K (revised to +142K)Highest reading since June 2022Details:small (less than 50 employees) +121K vs +101K priormedium firms (500 – 499) +122K vs +33K priorlarge (greater than 499 employees) +47K vs +10K priorThis is a strong number and it highlights why the Fed's job is so tough. They can't reasonably hike much more without torching the banking system but nearly 300K jobs shows that wage pressure isn't dead. This article was written by Adam Button at www.forexlive.c... Read More

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Content Topics

April

Employment

296k

148k

Expected

Forex

Posted: May 3 2023, 12:15

Author Name: forexlive

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