| Indicator | Value |
|---|---|
| Forecast | 118K |
| Previous | 122K |
The ADP Non-Farm Employment Change report presents changes in employment in the private sector in the USA. It is an important indicator for analyzing the condition of the labor market and can influence monetary policy decisions. Readings above expectations may suggest a stronger labor market, which could lead to interest rate hikes.
Watchlist: DXY reaction, UST yields, credit spreads
Related Topics
Related Analysis
Further Reading
- Employment Situation Summary — Bureau of Labor Statistics
- Consumer Price Index (CPI) — Investopedia