ADP Employment Report Weakest Since Jan 2021 Ahead of tomorrow’s “most important data point in history” payrolls print, this morning we get the ADP employment report and jobless claims (and ISM Services) as an aperitif to tease the day traders and test the reaction functions of the algos. Against expectations of adding 145k jobs (a slight improvement over July’s 122k), ADP’s Employment report printed a dismal +99k for August – the weakest print since January 2021 (and July’s +122k was revised down to +111k)… Source: Bloomberg That is also the fifth straight monthly decline in the ADP employment report’s jobs… — Continue at ZeroHedge News : Read More
