ADP Employment Rose 93.000 In November
(For November 2010)
ADP Employment rose 93.000 in November vs. revised (up 12,000) gain of 70,000 in October. Consensus was at +70,000. Nonfarm payrolls on Friday (rule of thumb) could be close to or maybe little short of a 168.000 consensus.
Chart 1. ADP Employment – Change m-o-m