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ADP Employment Report Signals Strong Labor Market Across The Board, Wage Growth Accelerates
ADP Q1 2027 Earnings
- Rev: $5.5B (est $5.47B)
- Adj EPS: $2.82 (est $2.76)
- PEO Services Rev: $1.81B (est $1.78B)
- Employer Services Rev: $3.69B (est $3.69B)
- Raising FY Rev And Adj EPS Growth Guidance
- Still Sees FY Employer Services New Bookings Growth Of +4% To +7%
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*ADP: US PRIVATE JOBS ROSE AVG 18,500/WK IN 4 WKS TO OCT. 3
*ADP: US PRIVATE JOBS ROSE AVG 23,750/WK IN 4 WKS TO SEPT. 19
ADP Private Payrolls +90K, Exp. +70K, Last +36K
ADP weekly payrolls 4wk average rises again... +20k is the best since mid-June
An +87k monthly pace
*ADP: US PRIVATE JOBS ROSE AVG 20,000/WK IN 4 WKS TO SEPT. 5
ADP Reports August Saw Weakest Job Growth Since January, Wage Growth Dips
ADP Private Payrolls 38K, Exp. 47K, Last 46K
ADP says businesses added the fewest new jobs in 6 months. A summer slowdown in hiring? Appears so. Labor market is stable. If you have a job, things are basically fine. But it you are looking for work, it's not a great time. via @MarketWatch
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