US: ADP private sector employment change +27K in May vs. 180K expected

The ADP's monthly data showed that the private sector employment increased by only 27,000 in May and missed the market expectation of 180,000 by a wide margin.

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Jun 5, 2019

United States ADP Employment Change came in at 27K below forecasts (180K) in May

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Jun 5, 2019

US: Focus on ADP employment and ISM non-manufacturing – TDS

Analysts at TD Securities suggest that for the US ADP employment, the consensus is expecting +185k, less than the robust 275k jump in April. Key Quote

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