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New data ADP Employment Change (Aug)

9/5/2024

actual 99, previous 111

The ADP Employment Change report for August is a high-impact economic indicator for the United States. The actual number of employed individuals in August was reported at 99K, which is lower than the previous month's figure of 111K. This represents a decrease of 10.81% from the previous month. The market consensus estimate was 145K, so the actual figure fell short of expectations. This report provides insights into the health of the labor market and can influence market sentiment and trading decisions related to the US dollar.

This is not investment advice. Remember to verify the information provided here.

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