• Home
  • Breaking News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
Money Profit News
No Result
View All Result
Home Breaking News

ADP: Private Employment increased 534,000 in November

by
December 1, 2021
in Breaking News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Related Posts

How To Become an Accredited Investor: A Step-by-Step Guide

Seeking at Least 10% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy

Ray Dalio Says US at Beginning of ‘Late, Big-Cycle Debt Crisis’

GameStop Just Fired Its CEO and Canceled Its Earnings Call. The Stock Is Falling.

by Calculated Risk on 12/01/2021 08:19:00 AM

From ADP:

Private sector employment increased by 534,000 jobs from
October to November according to the November ADP(R) National Employment ReportTM. Broadly
distributed to the public each month, free of charge, the ADP National Employment Report is produced by
the ADP Research Institute(R) in collaboration with Moody’s Analytics. The report, which is derived from
ADP’s actual data of those who are on a company’s payroll, measures the change in total nonfarm private
employment each month on a seasonally-adjusted basis

“The labor market recovery continued to power through its challenges last month,” said Nela Richardson,
chief economist, ADP. “November’s job gains bring the three month average to 543,000 monthly jobs
added, a modest uptick from the job pace earlier this year. Job gains have eclipsed 15 million since the
recovery began, though 5 million jobs short of pre-pandemic levels. Service providers, which are more
vulnerable to the pandemic, have dominated job gains this year. It’s too early to tell if the Omicron variant
could potentially slow the jobs recovery in coming months.”

emphasis added

This was close to the consensus forecast of 525,000 for this report.

The BLS report will be released Friday, and the consensus is for 563 thousand non-farm payroll jobs added in November. The ADP report has not been very useful in predicting the BLS report.

Next Post

Vaccine Mandate Job Losses

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Popular Posts

Breaking News

How To Become an Accredited Investor: A Step-by-Step Guide

by
June 7, 2023
0

Read more

How To Become an Accredited Investor: A Step-by-Step Guide

Seeking at Least 10% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy

Ray Dalio Says US at Beginning of ‘Late, Big-Cycle Debt Crisis’

GameStop Just Fired Its CEO and Canceled Its Earnings Call. The Stock Is Falling.

‘That One Deal Made Me A Millionaire’: Former Airline Pilot Ryan Tseko Reveals His Investing Strategy That Anyone Can Follow

How to Handle Risk and Loss in Prop Trading

Load More

All rights reserved by www.moneyprofitnews.com

  • Home
  • Breaking News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

moneyprofitnews