ADP Non-Farm Employment Change
ADP Non-Farm Employment Change
About This Event
The ADP non-farm employment change for March will be released.
Previous: 261K
Forecast: 200K
The ADP non-farm employment change measures the monthly change in private employment based on the payroll data of around 400,000 U.S. business clients, excluding the farming sector. A higher than expected employment change is bullish, while a lower than expected employment change is bearish.
Private businesses in the US created 145K jobs in March of 2023, below an upwardly revised 261K in February and forecasts of 200K, in a sign the labour market is slowing as consumer demand ebbs and the cost of borrowing goes up. The services sector added 75K jobs, led by leisure and hospitality (98K); trade/transportations and utilities (56K); and education/health services (17K), while job losses occurred in financial activities (-51K); professional/business industry (-46K); and information (-7K). Meanwhile, the goods-producing industry added 70K jobs due to construction (53K) and mining (47K) while manufacturing shed 30K jobs. Large establishments created 10K jobs only and medium ones 33K while small-sized companies 101K jobs. "Employers are pulling back from a year of strong hiring and pay growth, after a three-month plateau, is inching down", said Nela Richardson, chief economist, ADP. Annual pay growth for those remaining in their jobs slowed to 6.9%, the lowest in over a year. source: Automatic Data Processing, Inc.
Why This Event Matters
Economic releases such as ADP Non-Farm Employment Change are widely followed because they can shape expectations for growth, inflation, and monetary policy. Traders and investors often use these data points when assessing interest-rate outlooks, Treasury yields, and sector rotation themes. The scheduled timing is April 5, 2023 (America/New_York), subject to source updates.
Source summary: The ADP non-farm employment change for March will be released.
Previous: 261K Forecast: 200K
The ADP non-farm employment change measures the monthly change in private employment based on the payroll data of around 400,000 U.S. business clients, excluding the farming sector. A higher than expected employment change is bullish, while a lower than expected employment change is bearish.
Private...
This listing is associated with SPY. Market participants may watch these names around the event window for volatility or news flow.
Event Details
Occurs
Related Tickers
Impact Likelihood
Source
Created By
Source
Created By
Frequently Asked Questions
- What is ADP Non-Farm Employment Change?
- It is a stock market catalyst entry on Catacal—an event or release investors and traders may monitor. Details are summarized from the cited source and may be updated over time.
- When is ADP Non-Farm Employment Change?
- The calendar shows Apr 5, 2023 (America/New_York). Verify the exact time and any changes using the source link when planning around the event.
- Why does ADP Non-Farm Employment Change matter for investors?
- Macro releases can influence rate expectations, yields, and sector leadership. Market participants often reassess positioning after the data.
- Which stocks or sectors could be affected?
- Symbols linked to this listing include SPY; other names in the same industry group may also move with related news.
- How is this event categorized?
- Catacal groups this entry under "Economic Data" for navigation. Categories help you find comparable catalysts and build a week-by-week watchlist.
Track Market-Moving Events
Monitor earnings, economic releases, lockups, conferences, and other catalysts that impact stocks.
View Catalyst CalendarComprehensive Calendar
Track earnings, product launches, FDA approvals, economic events, and more.
Impact Ratings
Know which catalysts have the greatest potential to impact stock prices.
Never Miss an Event
Get alerts and reminders so you're always prepared for market-moving events.
View Catalyst Calendar
Track upcoming market events