ADP Employment Rose 114,000 In July

(For July 2011)

ADP Employment rose 114,000 in July vs. revised (down 12,000) gain of 145,000 in June.

This was a bad predictor of non-farm payrolls in recent months, so I suspect it will be a bad proxy this time also.

This entry was posted on Wednesday, August 3rd, 2011 at 6:23 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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