McRocket
Gold Member
- Apr 4, 2018
- 5,031
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- #1
'Following April's strong beat on ADP employment (talked down with zeal by Mark Zandi), May was expected to show slowing growth in employment but instead it collapsed.
ADP reports that America added just 27k jobs in May (185k exp). This is the weakest growth since March 2010.
“Following an overly strong April, May marked the smallest gain since the expansion began,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute.
“Large companies continue to remain strong as they are better equipped to compete for labor in a tight labor market.”
Goods producing jobs tumbled as Services rose...
ADP Employment Growth Crashes To 9 Year Lows
Winning?
Whatever.
Trump's idiotic tariffs will crash the economy OR force the Fed to massively pump it up again.
Either way spells 'F-A-I-L-U-R-E'.
ADP reports that America added just 27k jobs in May (185k exp). This is the weakest growth since March 2010.
“Following an overly strong April, May marked the smallest gain since the expansion began,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute.
“Large companies continue to remain strong as they are better equipped to compete for labor in a tight labor market.”
Goods producing jobs tumbled as Services rose...
ADP Employment Growth Crashes To 9 Year Lows
Winning?
Whatever.
Trump's idiotic tariffs will crash the economy OR force the Fed to massively pump it up again.
Either way spells 'F-A-I-L-U-R-E'.
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