Need To Know News

Challenger Layoffs were 90k in April, while ADP Employment rose 10k. ADP’s measure is projected at to decrease 30K in May. There is no consensus estimate for May Challenger Layoffs.

While these 2 numbers may offer some insight into the Nonfarm Payrolls data coming on Friday, there is not always a significant correlation between the weekly and monthly numbers.

This entry was posted on Tuesday, June 3rd, 2008 at 1:31 pm and is filed under ADP, Econ Data Previews. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.