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June 12, 2021
Future Job Trends in 2025, AI Will Replace Labor in Large Numbers?
June 5, 2021
The XAU/USD pair moved sideways at the start of the week as the trading conditions remained thin due to the Memorial Day holiday in the US. On Tuesday
June 5, 2021
The stock of Automatic Data Processing (NAS:ADP, 30-year Financials) is estimated to be modestly overvalued, according to GuruFocus Value calculation.
June 4, 2021
Private companies in the US added 978,000 jobs in May, which marked the biggest gain in 11 months and indicated a continued labour market recovery amid the Covid-19 pandemic, according to a report. The service-providing sectors added 850,000 jobs in May, the report released on Thursday by the payroll data company Automatic Data Processing (ADP) in collaboration with Moodys Analytics, said. The leisure and hospitality sectors added 440,000 jobs, the education and health services sectors added...
June 4, 2021
What happened to April payrolls? No one is quite sure. One possibility is that the BLS seasonal adjustment was far off the mark.The unadjusted Nonfarm Payrolls number was 1.089 million. A seasonal adjustment designed to smooth out recurring monthly swings reduced it to the issued figure of 266,000. These revisions are based on the historical record. Do assumptions founded in normal seasonal hiring patterns have any predictive value for a time frame as unusual as the past 15 months? In a nor...
June 3, 2021
Jun 3, 2021 14:41 GMTFXStreet News GBP/USD failed to preserve upbeat UK PMI-inspired modest intraday gains to the 1.4200 mark. A combination of factors continued underpinning the USD and capped the upside for the major. Better-than-expected US ADP report, jobless claims did little to provide any meaningful impetus. The GBP/USD pair struggled to capitalize on its intraday positive move and has now retreated over 50 pips from daily swing highs. The pair has now dropped to the lower end of its dai...
June 3, 2021
Employment in the US' private sector increased by 978,000 in May, the monthly data published by the Automatic Data Processing (ADP) Research Institute
June 3, 2021
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June 3, 2021
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Initial cues from the U.S. Futures Index suggest that Wall Street might open lower. ADP's private-sector jobs report, initial jobless claims, and service
June 3, 2021
6/3/2021 1:44:32 PM GMT | By Eren Sengezer Wall Streets main indexes push lower on Thursday. All major sectors of S&P 500 trade in the negative territory. Upbeat US data releases failed to help market sentiment improve. Major equity indexes in the US opened deep in the negative territory on Thursday despite the upbeat macroeconomic data releases from the US. As of writing, the S&P 500 was down 0.6% on the day at 4,183, the Dow Jones Industrial Average was...