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ADP Employment Report Shows 12th Straight Month Of Job Gains
ADP Employment Report Shows 12th Straight Month Of Job Gains
With jobless claims still hovering near multi-decade lows and Job Openings soaring, and despite near record low consumer sentiment (particularly about the labor market), ADP was expected to report another strong employment report this morning with the US economy adding 120k jobs.
The actual print was a disappointing +98k, but still represented the 12th straight month of employment gains...
Source: Bloomberg
Once again Small Business led the charge with hiring, but the gains were seen across all firm sizes...
Interestingly, only the Natural Resources...
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Aug 6, 2026 / Tyler Durden
Initial Jobless Claims Remain Near 57-Year Lows
Initial Jobless Claims Remain Near 57-Year Lows
The number of Americans filing for unemployment benefits for the first time held below 200k again last week...
...basically hovering at its lowest since 1969...
Continuing jobless claims ticked up, just above 1.8 million Americans...
After ADP's disappointing job additions, it appears the 'low hire, no fire' economy is entrenched.
Will tomorrow's payrolls print confirm that?
Tyler Durden
Thu, 08/06/2026 - 08:40
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Jun 8, 2026 / Tyler Durden
Goldman And UBS Preview Apple's WWDC: AI Siri Takes Center Stage
Goldman And UBS Preview Apple's WWDC: AI Siri Takes Center Stage
Apple's annual Worldwide Developers Conference (WWDC) begins this afternoon at 1 p.m. EST at Apple Park in Cupertino, Calif.
Ahead of WWDC, Goldman analysts led by Michael Ng provided clients with a preview of what to expect, including the unveiling of a long-delayed AI-enhanced Siri and operating system version "27" across iOS, macOS, watchOS, tvOS, and visionOS.
The new AI-enhanced Siri will include many delayed features from WWDC24, such as on-screen awareness, personal context, and deeper integration across apps, including...
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Sep 9, 2026 / Tyler Durden
The 5 Places In America You Want To Be When Society Begins To Collapse
The 5 Places In America You Want To Be When Society Begins To Collapse
Authored by John Walter via Substack,
There is a moment before the fall. You will miss it. Everyone does.
The shelves still hold food. The lights still work. The news still talks about politics, sports, the usual noise. But somewhere in the background, something has shifted. The supply chain that moved your breakfast cereal every Tuesday for twenty years now operates on thinner margins than the quarterly reports acknowledge. The water treatment plant built in 1967 still runs,...
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