ADP Weekly Preliminary Employment Report: Week of June 16th

US private employment increased at an average pace of 25.5k in the four weeks to May 30th, down from an average pace of 29k in the four weeks to May 23rd.

  • The ADP weekly Pulse data point dropped again, falling to the lowest pace since the 2nd week of March at 25.5k.
  • Still, no revisions to past data, and the sharp decline in weekly employment in late March remains a mystery.