Latest Updates: Related to Inflation

Payrolls Disappoint in ADP Employment Report

08/04/2021

This morning, ADP employment services reported just 330k jobs were added to company payrolls in July, less than half of the median forecast and down from a revised 680k June count. The rapid spread of the Delta variant seems like the obvious culprit, but the split between service- and goods-producing jobs argues otherwise.

 

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