ADP Non-Farm Employment Change
ADP Non-Farm Employment Change
About This Event
The ADP non-farm employment change for December will be released.
Previous: 101K
Forecast: 115K
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 hired 107K workers in January 2024, below a downwardly revised 158K in December and forecasts of 145K. Services-providing companies were responsible for 77K jobs, while goods producers added 30K. Leisure and hospitality reported the biggest increase (28K), followed by trade, transportation and utilities (23K), construction (22K), education/health services (17K) and financial activities (7K). Manufacturing added 6K jobs only and the information sector lost 9K. Meanwhile, pay growth continued to slow, with job-stayers seeing a 5.2% pay increase, below 5.4% in December while job changers saw earnings increase 7.2%, the smallest annual gain since May 2021. “Progress on inflation has brightened the economic picture despite a slowdown in hiring and pay. Wages adjusted for inflation have improved over the past six months, and the economy looks like it’s headed toward a soft landing in the U.S. and globally,” said ADP chief economist Nela Richardson. source: Automatic Data Processing, Inc.
Why This Event Matters
Earnings-related events like ADP Non-Farm Employment Change typically focus on quarterly financial results, guidance, and management commentary. Participants may watch for revisions to outlook statements, margin trends, and demand signals that could affect sentiment toward the company and its peers. The calendar date shown is January 4, 2024 (America/New_York).
Source summary: The ADP non-farm employment change for December will be released.
Previous: 101K Forecast: 115K
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. ...
This listing is associated with SPY. Market participants may watch these names around the event window for volatility or news flow.
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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 Jan 4, 2024 (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?
- Earnings updates may shift views on growth, margins, and guidance. Reaction can vary with how results compare to expectations.
- 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.
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