.comment-link {margin-left:.6em;}

Economy

Economic Data (USA)

Thursday, June 04, 2020

ADP National Employment Report for May 2020

The ADP® National Employment Report® for May 2020 was released by The ADP Research Institute® this morning:


===================

Nonfarm Payrolls (month-to-month change)

Predicted: -8,700,000

  • Actual: -2,760,000

===================

Previous Month (revised): -19,557,000

===================


The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

INFOGRAPHIC: ADP National Employment Report May 2020
INFOGRAPHIC:
ADP National Employment Report May 2020

===================

From today's report:

"...'The impact of the COVID-19 crisis continues to weigh on businesses of all sizes,' said Ahu Yildirmaz, co-head of the ADP Research Institute. 'While the labor market is still reeling from the effects of the pandemic, job loss likely peaked in April, as many states have begun a phased reopening of businesses.'..."
===================

About the ADP National Employment Report

The ADP National Employment Report is a monthly measure of the change in total U.S. nonfarm private employment derived from actual, anonymous payroll data of client companies served by ADP, a leading provider of human capital management solutions. The report, which measures nearly 26 million U.S. workers, is produced by the ADP Research Institute, a specialized group within the company that provides insights


===================


 ===================

Labels: , , , , , , , , , , ,


--> www.FedPrimeRate.com Privacy Policy <--

>  SITEMAP  <

0 Comments:

Post a Comment

<< Home


bing

bing

www.FedPrimeRate.com
Entire Website © 2024 FedPrimeRate.comSM


This website is neither affiliated nor associated with The United States Federal Reserve
in any way. Information in this website is provided for educational purposes only. The owners
of this website make no warranties with respect to any and all content contained within this
website. Consult a financial professional before making important decisions related to any
investment or loan product, including, but not limited to, business loans, personal loans,
education loans, first or second mortgages, credit cards, car loans or any type of insurance.