Pantheon Macroeconomics - We're expecting ADP today to report a 10M drop in private payrolls in May, but investors should be braced for surprises, in either direction, because ADP's methodology is not clear.

U.S. | 3 June 2020 ADP Likely to Report a 10M Drop in May Payrolls, Risks in Both Directions
We're expecting ADP today to report a 10M drop in private payrolls in May, but investors should be braced for surprises, in either direction, because ADP's methodology is not clear.

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3 June 2020 ADP Likely to Report a 10M Drop in May Payrolls, Risks in Both Directions

By Ian Shepherdson

We're expecting ADP today to report a 10M drop in private payrolls in May, but investors should be braced for surprises, in either direction, because ADP's methodology is not clear.

Posted: 3rd Jun 2020 in 'U.S.'

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