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ADP US July employment +324K vs +189K expected
Prior was +497K (revised to +455K)Details:small (less than 50 employees) +237K vs +299K priormedium firms (500 – 499) +138K vs +183K priorlarge (greater than 499 employees) -67K vs -8K priorJob stayers 6.2% vs 6.4%Job changers 10.2% vs 11.2%Full reportWow, yet another big upside surprise in ADP employment data. That doesn't necessarily mean that Friday's non-farm payrolls report will be strong but it certainly isn't an indication of a stumble in the US economy. USD/JPY jumped on the headline, ri...
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Posted: Aug 2 2023, 12:15
Author Name: forexlive
Views: 080716