US ADP reported private payrolls increased 117k in February, well below forecast (177k), though the 174k January gain was revised higher to 195k. The...
Today’s ADP overshoot of the payrolls estimate signals upside risk for Friday, especially given the pattern of big ADP undershoots of the BLS payroll data...
The December nonfarm payroll gain is pegged at 100k, with downside risk from coronavirus headwinds and seasonal factors that expect a normal holiday season....
Cracks are starting to emerge in America's economic recovery from the pandemic, so Friday's wages report will be a concern. If recent weekly jobless claims are any indication,...