Thanks ADP for throwing the knuckle ball but they're now similar ytd.
Payrolls in June grew by 209k, 21k under the estimate while the private sector print was 50k below expectations at 149k. Also of note, there were net downward revisions of 110k to the two prior months combined. After falling by 310k in May, the household survey got back many of those jobs, rising by 273k. Combine that with a rise in the labor force of 1…
Keep reading with a 7-day free trial
Subscribe to The Boock Report to keep reading this post and get 7 days of free access to the full post archives.