10K Gain in ADP Employment Report

Posted by Louis Navellier on 4/30/08 11:09 am

The ADP survey indicates that payrolls increased by 10,000 in April, much better than the -60,000 consensus.  The ADP report is always a wildcard though...the Bureau of Labor Statistics’ payroll report will be the “big one” on Friday.  We expect a drop and another uptick in the unemployment rate. 

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