• November Employment Preview

    7 days ago - By Calculated Risk

    On Friday at 8:30 AM ET, the BLS will release the employment report for November. The consensus is for an increase of 190,000 non-farm payroll jobs in November (with a range of estimates between 140,000 to 220,000), and for the unemployment rate to be unchanged at 3.7%.
    Last month, the BLS reported 250,000 jobs added in October.
    Here is a summary of recent data:
    • The ADP employment report showed an increase of 179,000 private sector payroll jobs in November. This was slightly above consensus expectations of 175,000 private sector payroll jobs added. The ADP report hasn't been very useful...
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  • Payroll growth slows in November as labor market tightens

    7 days ago - By CNBC

    Private payrolls increased by 179,000, below the 195,000 growth expected by a Refinitiv survey of economists. The number also was a drop from the 225,000 in October and below the 203,000 prior monthly average.
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  • ADP: Private Employment increased 179,000 in November

    7 days ago - By Calculated Risk

    From ADP:
    Private sector employment increased by 179,000 jobs from October to November according to the November ADP National Employment Report®.... The report, which is derived from ADP's actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.
    ...
    “Although the labor market performed well, job growth decelerated slightly,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. ”Midsized businesses added nearly 70 percent of all jobs this month. This growth points to the midsized businesses' ability to...
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