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Wednesday, August 01, 2007

ADP Employment Report

by Calculated Risk on 8/01/2007 11:23:00 AM

From ADP:

Nonfarm private employment grew 48,000 from June to July of 2007 on a seasonally adjusted basis, according to the ADP National Employment Report TM
Since changing their methodology, ADP has been pretty close to the BLS number (due Friday). The current consensus is for the BLS report to show 150K jobs, but that includes government jobs - ADP is for the private sector only.