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ADP likely to predict another strong U.S. jobs report
Wall Street will receive several clues on Thursday as to whether the U.S. has extended its best stretch of job creation since 2006. The main event, data from ADP, is expected to show the economy added around 230,000 jobs last month in the private sector. As the nation’s largest payroll-processing firm, ADP has a good idea how fast the nation’s job market is growing. A good ADP report would suggest another strong reading for the government’s official tally. The Labor Department will issue its own report Friday. Sometimes the ADP and Labor figures can diverge sharply from month to month because of the difference ... (full story)
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In the tempest of a fast moving market; not everyone is happy.