Strength of ADP January report surprises

05 February 2020

 

The ADP National Employment Report is a monthly report which provides an estimate of US non-farm employment in the private sector. Since the report began to be published in 2006, its employment figures have exhibited a high correlation with official non-farm payroll figures, although a large difference can arise in any individual month. Even so, the latest report has provided another strong increase. January’s report indicates private sector employment grew...

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