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ADP Employment Reading Comes In Worse Than Expected
Wednesday, June 4, 2014 - 11:04am | 448The ADP Non-Farm Employment Change issued by Automatic Data Processing was released Wednesday, showing a worse-than-expected amount and was a record change below the forecast for the measure. The ADP Non-Farm Employment Change measures the estimated change in the number of employed people...
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An Ugly Contest: the USD and the Yen
Wednesday, June 1, 2011 - 1:38pm | 343The U.S. dollar and the Japanese yen are traditionally seen as two of the most steadfast currencies in the world. However, in recent months, both currencies have been battered by poor news. On Tuesday, Moody's warned that it may lower Japan's AA government debt rating, according to Bloomberg....
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Can It Get Any Better? No Jobs and a Weak Currency
Wednesday, June 1, 2011 - 12:01pm | 213ADP's employment numbers were released Wednesday morning. They were abysmal. The payroll numbers missed estimates by more than 150,000. The Dow and the NASDAQ declined slightly on the news. Previously, poor U.S. economic data has coincided with a bullish move in the U.S. dollar, as investors may...
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ADP Weak, Futures Dropping
Wednesday, October 6, 2010 - 8:38am | 118The ADP Report was just released, and it was much worse than expectations, putting downward pressure on the futures. The ADP report showed the private sector lost 39,000 jobs, when expectations were for a 20,000 gain. August numbers were revised up 10,000 jobs, up from the initial estimate of a...
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ADP Report Indicates The Addition Of 42,000 Jobs By The US Private Sector In July
Wednesday, August 4, 2010 - 9:22am | 99According to the ADP employment report released today, US private-sector firm employment has increased 42,000 in July. The employment number released by the ADP report far exceeds the expectations of a gain of 30,000 jobs by economists surveyed by Bloomberg News. Joel Prakken, chairman of...