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ADP May Jobs Report Misses Expectations On Job Creation
First the bad news, nonfarm private employment grew by 55,000 in April, vs. expectations for 60,000 new jobs.
On the positive side, job creation from March to April was revised upwards to 55,000 from the previous estimate of 32,000.
ADP:
May’s rise in private employment was the fourth consecutive monthly gain. However, over these four months the increases have averaged a modest 39,000.
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ADP Employment Report Shows Job Losses Worse Than Expected
ADP's employment report came out showing just a 23,000 decline in private employment during March. --- Nonfarm private employment decreased 23,000 from February to March on a seasonally adjusted basis, according to the ADP National ... Read Post
ADP: January Job Losses Were Actually TRIPLE What We Thought, And No, We Won't Blame The Snowicane
ADP's employment report showed 20,000 jobs lost in February, which was in-line with analyst expectations. Thing is, they revised down their January number by a huge margin -- to -60,000 from -22,000. ADP: Nonfarm private employment ... Read Post
ADP Revises Down December Job Losses, Sees First Job Creation Since 2008 For Medium Businesses
// ADP reported that Nonfarm private employment decreased 22,000 from December 2009 to January 2010 on a seasonally adjusted basis. They also revised their December job losses to -61,000 vs. -84,000 previously reported. Construction... Read Post