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ADP / Nonfarm Payrolls Increased More Than Expectations

Nonfarm Payrolls Increased More Than Expectations
The long-awaited May nonfarm payrolls survey from the U.S. Bureau of Labor Statistics (BLS) is out this morning, and it's provided a big surprise on at least two levels: a headline of 339K jobs were filled last month, close to double the expected 190K, and the strongest monthly labor figure since January's 472K. We're now averaging 314K new jobs per month in 2023. Read More
Posted: Jun 2 2023, 12:09
Author Name: Zacks Investment Research
Views: 112297

ADP News  

Jobs Cut in Half to 150K; Unemployment +3.9%

By Zacks Investment Research
November 3, 2023

Jobs Cut in Half to 150K; Unemployment +3.9%

Today's headline BLS number is 150K, below the 170-180K expected, and well below the downwardly revised 297K the previous month. more_horizontal

Initial Claims Higher Than Expected

By Zacks Investment Research
November 2, 2023

Initial Claims Higher Than Expected

This being Thursday morning, we'd likely be seeing new Weekly Jobless Claims figures, even if it weren't “Jobs Week.” And even though it is, we st more_horizontal

ADP Jobs +113K Lower than Expected; Fed at 2pm

By Zacks Investment Research
November 1, 2023

ADP Jobs +113K Lower than Expected; Fed at 2pm

This means we're still creating more than the amount of monthly private-sector jobs the economy needs to offset retiring Baby Boomers. more_horizontal

ADP Q1 Earnings Beat on Recurring Revenues, Strong Clientele

By Zacks Investment Research
October 31, 2023

ADP Q1 Earnings Beat on Recurring Revenues, Strong Clientele

Healthy demand for HCM solutions benefits ADP's bottom line in the first quarter of fiscal 2024. more_horizontal

Why Automatic Data Processing (ADP) is a Top Dividend Stock for Your Portfolio

By Zacks Investment Research
October 30, 2023

Why Automatic Data Processing (ADP) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Automatic Data Processing (ADP more_horizontal

Best High Growth Dividend Stocks - From The 4 Factor Strategy

By Seeking Alpha
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Best High Growth Dividend Stocks - From The 4 Factor Strategy

The 4 factor dividend growth strategy aims to blend the ease of investing in an ETF with the appeal of holding individual stocks. The strategy focuses more_horizontal

Why Automatic Data Processing Stock Dropped Today

By The Motley Fool
October 25, 2023

Why Automatic Data Processing Stock Dropped Today

ADP beat earnings estimates but fell short on revenue for its fiscal first quarter. Management insisted their performance was "strong," highlighting p more_horizontal

Why ADP Shares Tumbled 9% Despite Fiscal Q1 Bottom-Line Beat

By Investopedia
October 25, 2023

Why ADP Shares Tumbled 9% Despite Fiscal Q1 Bottom-Line Beat

Shares of Automatic Data Processing Inc. (ADP) tumbled more than 9% Wednesday as a mixed earnings report from the payroll services provider failed to more_horizontal


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