Payroll Preview

58
Wed, Sep 1, 2021 - 9:11am

We don't usually pay too much attention to the ADP employment report that precedes the BLSBS by a few days each month. However, with so much focus and emphasis being placed upon this Friday's US jobs report, this month's ADP is worth noting.

And it was a major miss. Expectations were for something in excess of 600,000 new jobs added and, instead, the number came in at about half of that.

*ADP Aug US Private Sector Jobs +374,000

*ADP Aug US Private Sector Jobs Expected +600,000

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Key Economic Events Week of 9/13

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