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Category Archives: Market Insights

ADP Employment Data Far Exceeds Expectations

Written on January 4, 2022 at 1:53 am, by

On January 5 (Wednesday), the United States announced the December ADP employment data. According to the ADP private payroll numbers for December, 807,000 jobs were added compared to estimates of a figure of 410,000 and the previous value of 534,000, the largest increase since May 2021. The minutes from the Fed’s December FOMC meeting on Wednesday showed theContinue Reading

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