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

• Prior was +324K (revised to 371K)

Details:

• small (less than 50 employees) K vs +237K prior
• medium firms (500 – 499) K vs +138K prior
• large (greater than 499 employees) K vs -67K prior
• Job stayers 5.9% vs 6.2%
• Job changers 9.5% vs 10.2%

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.