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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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