ADP US August employment +177K vs +195K expected

<ul><li><a href="https://www.forexlive.com/news/adp-us-july-employment-324k-vs-189k-expected-20230802/" target="_blank" rel="follow">Prior </a>was +324K (revised to 371K)</li></ul><p>Details:</p><ul><li>small (less than 50 employees) K vs +237K prior</li><li>medium firms (500 – 499) K vs +138K prior</li><li>large (greater than 499 employees) K vs -67K prior</li><li>Job stayers 5.9% vs 6.2%</li><li>Job changers 9.5% vs 10.2%</li></ul><p>Last month this data point was +324K compared to +189K expected so it certainly didn't predict a soft non-farm payrolls. Yet here we are again, hanging on the ADP data.</p>

This article was written by Adam Button at www.forexlive.com.

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