A Better-Than-Expected Gain In July Payrolls, ADP Reports
August 01, 2012 at 09:51 AM EDT
Private nonfarm payrolls for the U.S. increased a better-than-expected 163,000 in July, according to the ADP Employment Report. The consensus forecast was looking for a substantially lower 125,000 gain, according to Briefing.com. Is the relatively upbeat news a sign that we could see another upside surprise in Friday’s official report from the Labor Department on [...]