• Thu. Oct 22nd, 2020

ADP Jobs up 428K in August, well shy of 900K consensus – Seeking Alpha

August ADP Jobs Report: +428K vs. +900K consensus, +212K prior. (revised from 167K)

Large employers added 298K jobs, midsized 79K, and small 52K.

Service-producing jobs were up 389K, and goods-producing up 40K.

Checking the data series over the past few months, jobs were down 302K in March, down 19.4M in April, up 3.3M in May, up 4.5M in June, and up 212K in July.