The ADP Employment Report came in below expectations for July, which could indicate shortages in nonfarm payrolls. Here the Watch List panel includes Steven Ricchiuto and Joe Brusuelas discussing the ADP report and what it could mean for Friday, Aug. 6, 2021 when July's employment situation comes out. Analysts expect to see an increase of 900,000 nonfarm jobs along with a 5.7% unemployment rate, which would build on June's 850,000 added jobs with a 5.9% unemployment rate.
The Watch List
04 Aug 2021
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