FOREX TradingCharts.com

Financial News: U.S. Private Sector Employment Spikes More Than Expected

U.S. Private Sector Employment Spikes More Than Expected In May

06/03/2021 - 08:20:00 (RTTNews)

(RTTNews) - A report released by payroll processor ADP on Thursday showed private sector employment in the U.S. spiked by much more than expected in the month of May.

ADP said private sector employment soared by 978,000 jobs in May after surging by a downwardly revised 654,000 jobs in April.

Economists had expected private sector employment to increase by 650,000 jobs compared to the addition of 742,000 jobs originally reported for the previous month.

"Private payrolls showed a marked improvement from recent months and the strongest gain since the early days of the recovery," said Nela Richardson, chief economist at ADP.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Australia Manufacturing PMI Slows In June - Markit (44 min(s), 32 sec(s) ago)
(RTTNews) - The manufacturing sector in Australia continued to expand in June, albeit at a slower ...Full Story»

Bank Of Japan Minutes On Tap For Wednesday (01 hr(s), 58 min(s), 32 sec(s) ago)
(RTTNews) - The Bank of Japan will on Wednesday release the minutes from its monetary policy meeti ...Full Story»

Eurozone Consumer Confidence Highest Since 2018 (07 hr(s), 13 min(s), 32 sec(s) ago)
(RTTNews) - Eurozone consumer confidence strengthened for a fifth month in a row in June to its hi ...Full Story»

U.S. Existing Home Sales Extend Pullback In May But Drop Less Than Expected (09 hr(s), 34 min(s), 32 sec(s) ago)
(RTTNews) - After reporting sharp decreases in U.S. existing home sales over the three previous mo ...Full Story»

Hungary Lifts Key Rate For First Time Since 2011 (10 hr(s), 25 min(s), 32 sec(s) ago)
(RTTNews) - Hungary's central bank raised its key interest rate for the first time in nearly a ...Full Story»

Powell: Economy Has Shown Sustained Improvement, Increase In Inflation 'Transitory' (10 hr(s), 57 min(s), 32 sec(s) ago)
(RTTNews) - Federal Reserve Chair Jerome Powell is scheduled to appear before the House Select Sub ...Full Story»

Hungary Central Bank Lifts Key Rate By 30 Bps (11 hr(s), 12 min(s), 32 sec(s) ago)
(RTTNews) - Hungary's central bank raised its key interest rate for the first time in nearly a ...Full Story»

UK Budget Deficit Narrows More Than Expected In May (12 hr(s), 29 min(s), 32 sec(s) ago)
(RTTNews) - The UK budget deficit narrowed more-than-expected in May from the last year as the gov ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Australia Manufacturing PMI Slows In June - Markit

06/22/2021 - 19:15 PM (RTTNews)
(RTTNews) - The manufacturing sector in Australia continued to expand in June, albeit at a slower ...Full Story>>

Bank Of Japan Minutes On Tap For Wednesday

06/22/2021 - 18:01 PM (RTTNews)
(RTTNews) - The Bank of Japan will on Wednesday release the minutes from its monetary policy meeti ...Full Story>>

Eurozone Consumer Confidence Highest Since 2018

06/22/2021 - 12:46 PM (RTTNews)
(RTTNews) - Eurozone consumer confidence strengthened for a fifth month in a row in June to its hi ...Full Story>>

U.S. Existing Home Sales Extend Pullback In May But Drop Less Than Expected

06/22/2021 - 10:25 AM (RTTNews)
(RTTNews) - After reporting sharp decreases in U.S. existing home sales over the three previous mo ...Full Story>>

Hungary Lifts Key Rate For First Time Since 2011

06/22/2021 - 09:34 AM (RTTNews)
(RTTNews) - Hungary's central bank raised its key interest rate for the first time in nearly a ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.