Jump to content


ADP: U.S. Added Fewer Workers in May

  • Please log in to reply
1 reply to this topic

#1 pdx5



  • Traders-Talk User
  • 6,469 posts

Posted 01 June 2011 - 11:35 AM

Companies in the U.S. added fewer workers than forecast in May, a sign that job growth is struggling to gain momentum, data from a private report based on payrolls showed today.

Read more at Bloomberg News
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#2 fib_1618



  • Traders-Talk User
  • 8,017 posts

Posted 01 June 2011 - 12:53 PM

Here's what I do know...many companies are working with temp agencies for several reasons, but the unspoken truth about hiring seems to be related to future expenses with Obamacare. Regardless, does anyone know if the ADP data accounts for temporary employment in their data? Fib
Better to ignore me than abhor me.

Wise men don't need advice. Fools won't take it. - Benjamin Franklin

Technical Watch

Technical Watch Twitter Page

Technical Watch Facebook Page