ADP Employment & Challenger Job-Cut Reports For April

ADP Employment rose 32,000 in April vs. revised rise of 19,000 March. Challenger Job-Cut Report announced layoffs fell from 67,611 in March to 38,326 in April. We will have positive Nonfarm payrolls on Friday, the question is will the actual number reach consensus of +200,000.

Chart 1. ADP Employment

Source: ADP

Chart 2. Challenger Job-Cut Report

Source: Bloomberg


This entry was posted on Wednesday, May 5th, 2010 at 7:17 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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