Measures Estimated change in the number of employed people during the previous month, excluding the farming industry and government;
Usual Effect Actual > Forecast = Good for currency;
Frequency Released monthly, about 2 days after the month ends;
Next Release Jan 6, 2016
FF Notes This data provides an early look at employment growth, usually 2 days ahead of the government-released employment data that it's designed to mimic. Source changed series calculation formula in Feb 2007, Dec 2008, and Nov 2012, to better align with government data;
Why Traders
Care Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;
Derived Via ADP provides payroll services to US corporations, and they analyze data from around 400,000 customers to derive employment growth estimations;
Acro Expand Automatic Data Processing, Inc. (ADP);
History Actual Forecast Previous
Nov 4, 2015 182K 183K 190K
Sep 30, 2015 200K 192K 186K
Sep 2, 2015 190K 204K 177K
Aug 5, 2015 185K 216K 229K
Jul 1, 2015 237K 219K 203K
More
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Forex Weekly Outlook Nov 30-Dec 4
From forexcrunch.com | Nov 28, 2015
9:30pm
Measures Estimated change in the number of employed people during the previous month, excluding the farming industry and government;Usual Effect Actual > Forecast = Good for currency;Frequency Released monthly, about 2 days after the month ends;Next Release Jan 6, 2016FF Notes This data provides an early look at employment growth, usually 2 days ahead of the government-released employment data that it's designed to mimic. Source changed series calculation formula in Feb 2007, Dec 2008, and Nov 2012, to better align with government data;Why TradersCare Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;Derived Via ADP provides payroll services to US corporations, and they analyze data from around 400,000 customers to derive employment growth estimations;Acro Expand Automatic Data Processing, Inc. (ADP);History Actual Forecast PreviousNov 4, 2015 182K 183K 190KSep 30, 2015 200K 192K 186KSep 2, 2015 190K 204K 177KAug 5, 2015 185K 216K 229KJul 1, 2015 237K 219K 203KMoreGraphRelated Threads EURUSDLast reply 1 min agoRelated Stories Forex Weekly Outlook Nov 30-Dec 4From forexcrunch.com | Nov 28, 20159:30pm
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