ADP

6. October 2010 | 15:20

ADP Jobs Report: Market Watchers Weigh-In

The disappointing ADP numbers have gotten the attention of the market wonks. Here’s some of what we’re reading. (News Source: Wall Street Journal Blogs - 13:08:25)

ADP Plunges To -39K, Well Below Expectations Of +20K

ADP printed at a massive miss of -39K compared to a median consensus of +20K (range of -44K to 75K) . And the cherry on top: the previous number was revised from -10K to +10K, for a monthly swing of a whopping 49K. Everyone hoping for one last pre-midterm NFP hurrah this Friday will be disappointed, unless the Beijinigization of US data is now complete. Of course, this means QE2 is now all but … (News Source: Zero Hedge - 12:31:48)

ADP Launches HR Outsourcing To Small Businesses On Long Island

ADP, a leading provider of HR, payroll and benefits administration services, announced today that it is expanding its ADP ResourceÂ® service to Long Island, with an office in Melville, NY. ADP Resource is an HR business process outsourcing solution that is used by more than 3,000 companies with 95,000 employees in 26 states (News Source: HRHub - 10:31:07)

U.S. ADP Employment Change Unexpectedly Drops 39K in September

The ADP employment change in the world’s largest economy unexpectedly fell 39K in September after climbing 10K the month prior amid expectations of a 20K rise. (News Source: Daily FX - 12:57:30)

ADP: Private Employment decreases by 39,000 in September

Private-sector employment decreased by 39,000 from August to September on a seasonally adjusted basis, according to the latest ADP National Employment ReportÂ® released today. (News Source: Calculated Risk - 12:32:27)

ADP Says U.S. Companies Cut 39,000 Jobs in September

Oct. 6 (Bloomberg) — Companies in the U.S. unexpectedly cut workers in September, data from a private report based on payrolls showed. Employment decreased by 39,000, according to figures today from ADP Employer Services. Bloomberg’s Betty Liu and Michael McKee report. (News Source: Bloomberg - 13:08:02)

Sept. ADP employment down 39,000

Companies in the U.S. private sector shed 39,000 jobs in September, according to the ADP employment report released Wednesday. The reading was below expectations of a 20,000 gain. This was the first decline in the ADP report since January. Job cuts in August were revised up to… (News Source: New York Post - 13:00:35)

Bad ADP Number, Market Reserves Judgement

The monthly private-sector jobs figures from ADP were worse than expected. Futures are down, but not too sharply, though they have slipped into negative territory. (News Source: Wall Street Journal Blogs - 12:53:15)

Coming up: ADP employment report

WASHINGTON (MarketWatch) - Automatic Data Processing Inc, is due to release its ADP National Employment Report for September at 8:15 a.m. Eastern. Economists polled by MarketWatch expect the report to show that private employment increased by 20,000 from August to September. Last month, the report shows that private employment fell by 10,000, the first decline after six monthly gains. On Friday … (News Source: Market Watch - 12:03:15)

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