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The ADP numbers showed surprising strength in private payrolls, but lower wage gains for job switchers — a key labor market thermometer that dogged the inflationary 2021 and 2022 years.
The number of people who applied for first-time unemployment benefits fell by 12,000 to 216,000 for the week ending October 26, according to Department of Labor data released Thursday morning.
Companies in the private sector added 122,000 jobs in December, payroll processing firm ADP said on Wednesday. The figure is below economists’ estimates of 140,000 jobs and lower than the prior ...
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Weekly Calendar Monday Economic data: MNI Chicago PMI, September (46.4 expected, 46.1 prior); Dallas Fed manufacturing activity, September (-10.6 expected, -9.7 prior)
On April 7, 2014, ADP laid off several Dealer Services associates in a reorganization and 3 days later announced plans to spin off the Dealer Services division as a standalone company. [32] On August 19, 2014, ADP Dealer Services announced that the name of the new company, post-spinoff, would be CDK Global (an acronym for Cobalt, Dealer ...
It’s another busy day ahead on the economic calendar. Expect service and composite PMIs from the Eurozone and the U.S, and U.S labor market stats to be key.
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