This months ADP report shows a month on month slow down in the the growth of private payroll. This months number was 179,000 which was down from March’s 207,000. Traders should keep a close eye on Friday’s employment report to get a better read on the over all job sentiment; Friday’s report may be disappointing as a result of this months slowing; however it was still 179k increase.
Prior | Actual | |
ADP employment | 201,000 | 179,000 |
Data Source: Haver Analytics