Pantheon Macroeconomics - The 253K increase in May private payrolls reported by ADP yesterday was some a bit stronger than our 225K forecast. Plugging the difference between these numbers into our payroll model generates our 210K forecast for today's official number.

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2 June 2017 May Payrolls Likely Solid, but Calendar Quirk will hit Wage Data

By Ian Shepherdson

The 253K increase in May private payrolls reported by ADP yesterday was some a bit stronger than our 225K forecast. Plugging the difference between these numbers into our payroll model generates our 210K forecast for today's official number.

Posted: 1st Jun 2017 in 'U.S. Documents'

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Keywords for: U.S. Documents | 2 June 2017 May Payrolls Likely Solid, but Calendar Quirk will hit Wage Data

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