ADP Employment Turned Negative In August Falling 10.000

(For August 2010)

ADP Employment fell 10,000 in August vs. revised rise of 37,000 in July. Nonfarm payrolls on Friday will be negative, probably missing a -80.000 consensus.

Chart 1. ADP Employment

Source: Bloomberg

This entry was posted on Wednesday, September 1st, 2010 at 6:22 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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