ADP

The American labor market continues to demonstrate its strength, with the ADP reporting Thursday a notable and better-than-expected surge in private employment in May. Concurrently, the Department of Labor signaled a lower-than-anticipated rise in unemployment claims last week, further...

The market got another hint of labor market weakness in the United States on Wednesday, as Automatic Data Processing, Inc. (ADP) reported 145,000 jobs added by private companies in March 2023, down from 261,000 in February and significantly below forecasts of 200,000. According to ADP Chief...

The Past Week, In A Nutshell What Happened: Last week ended negative despite better-than-expected earnings. Remember This: “Overall market performance also tends to stall leading into an election," said Phil Mackintosh, Nasdaq Chief Economist. "Although once a result is known,...

The Last Week In A Nutshell What Happened: Last week ended positive, with broad gains in all S&P 500 sectors. Remember This: “Some data suggests consumer health has started to improve,” said Lindsey Bell, chief investment strategist at Ally Financial Inc (NYSE: ALLY)-owned Ally...

(Wednesday Market Open) Investors seem ready to pause buying to start a new month, quarter, and last half of the year after two days of solid gains helped make for the best quarter in more than 20 years. In economic news, an employment report from ADP and Moody’s Analytics showed fewer job...

ADP National Employment reports data for July saw private sector employment increased by 156,000 jobs from June to July, higher than 150,000 expected. "While we still see strength in the labor market, it has shown signs of weakening," said Ahu Yildirmaz, vice president and co-head of the...

ADP National Employment reports data for June was worse than expected with small business struggling to compete in a tight labor market. Data showed private sector employment increased by 102,000 jobs from May to June. Estimates called for 140,000 jobs. "Job growth started to show signs of a...

U.S. private payrolls were up 183,000 in the month of February, according to the latest report Wednesday from ADP and Moody’s Analytics. The private payroll number was just shy of economist expectations of 185,000, and Moody’s economist Mark Zandl had some potentially troubling...

While U.S. investors are concerned over a potential economic slowdown in 2019, the latest data from ADP and Moody’s suggests the private sector jobs market is booming. On Thursday morning, an ADP/Moody’s report found U.S. private payrolls were up 271,000 in December, the largest monthly...

Billionaire investor Bill Ackman's activist campaign against Automatic Data Processing (NASDAQ: ADP) is turning nasty, the company's CEO Carlos Rodriguez explained to CNBC's Jim Cramer. Rodriguez spoke with Ackman before he went public and vocal with his proxy contest and asked for a...

Those bracing for upbeat Labor Department non-farm payrolls, or NFP, data for March following an exceedingly strong Automatic Data Processing (NASDAQ: ADP) private payrolls report were in for a disappointment. The March NFP Report: A Dampener The Labor Department's establishment survey, which is...

The Federal Reserve's monetary policy setting arm, or the FOMC is set to sit across the table for one last time this year to deliberate on rates. It's sure an unenviable task, given the fine line central bankers have to tread in deciding the apt course of the monetary policy. A wrong move can...

Automatic Data Processing (NASDAQ: ADP) has been on a dream run to the upside since the 2008 and 2010 lows, rallying nearly 300 percent. With the stock at all-time highs and testing the upper edge of a very long-term uptrend channel on the chart, it behooves those who are bullish to assess the...

Last week was bullish overall, but it reflected the year's lightest trading volume, and markets moved both up and down on small triggers. This week volumes are expected to rise; however, stability may not follow. This week brings data and events that could move the busier markets in volatile...