ADP

The U.S. economy grew at an annualized rate of 2.8% in the third quarter, according to official advance estimates released Wednesday. This marks a slowdown from the 3% growth recorded in the second quarter and fell short of the anticipated 3%. The Atlanta Fed's GDPNow model forecasted a 3.3%...

Lower-than-expected private employment growth in August triggered positive reactions Thursday in interest rate-sensitive assets like gold and the Japanese yen, while pushing Treasury yields lower as traders bolster their bets on a 50-basis-point rate cut by the Federal Reserve this month. U.S....

Markets are on edge as investors digest a slew of geopolitical events, corporate earnings, and economic data in this final session of July, which promises to be highly volatile ahead of the Federal Open Market Committee (FOMC) meeting. Geopolitical Tensions Flare Up In Middle East, BoJ Moves, US...

The rate of job creation in the U.S. private sector fell short of expectations in July, indicating a cooling in labor market conditions. Private employers in the U.S. added 122,000 jobs in the past month, the lowest since January 2024 and down from the upwardly revised 155,000 jobs in June, the ADP...

The pace of job creation in the U.S. private sector fell short of expectations in June, suggesting a slight easing in labor market conditions. Private employers in the U.S. added 150,000 jobs last month, a decrease from upwardly the revised 157,000 jobs in May and below the forecasted 161,000 jobs...

The rate of job creation in the U.S. private sector fell short of expectations in May, signaling a potential cooling in the labor market. U.S. private employers added 152,000 new jobs last month. That’s down from 192,000 in April, according to the latest ADP National Employment Report. The...

The US ADP data released today demonstrated the stability and strength of the US economy. Traders have been hoping for the US economy to show decent job data, but the fear among traders and investors has been that strong US job data will make the Fed hold rates higher for longer as they want to...

The rate of job creation in U.S. private sector businesses surpassed predictions in April, indicating continued strength in the employment landscape. Private employers added 192,000 new jobs last month, slightly down from an upwardly revised 208,000 in March, surpassing the projected 175,000,...

The pace of employment growth among U.S. private businesses exceeded expectations in March, signaling ongoing resilience in the job market. According to the most recent ADP National Employment Report, private employers expanded their workforce by 184,000 new jobs last month, up from 140,000 in...

In February, the rate of employment growth in private U.S. businesses came in slower than anticipated, indicating a gradual easing in labor market dynamics. According to a report released by Automatic Data Processing Inc. (NYSE:ADP) on Wednesday, private employers added 140,000 new jobs, an...

Wall Street is poised for a rebound in Wednesday’s session, with futures on major U.S. indices in the green at 8:00 a.m. New York time, following two consecutive sessions of declines for the S&P 500. A worse-than-expected print in the ADP National Employment Report for November has...

Private businesses in the U.S. added 177,000 employees in August 2023, down from an upwardly revised 371,000 increase in July and missing market expectations of a 195,000 rise, the ADP National Employment Report showed. However, this hiring tally marks the lowest level since March 2023 and falls...

To gain an edge, this is what you need to know today. AI Driven Disconnect Widens Please click here for a chart of iShares 7-10 Year Treasury Bond ETF (NASDAQ: IEF). Note the following: The chart shows that the bond ETF has fallen to the support zone. Bonds move inverse to the...

The U.S. job market has been tight for a very long time and continues to show no indications of cooling down. In June, U.S. private employers added 497,000 jobs, a sharp increase from the revised lower 267,000 jobs added in May and massively beating expectations of 228,000, according to the ADP...

The American labor market continues to demonstrate its strength, with the ADP reporting Thursday a notable and better-than-expected surge in private employment in May. Concurrently, the Department of Labor signaled a lower-than-anticipated rise in unemployment claims last week, further...