Dmytro Kharkov

ADP private payroll growth slows to 19,750 per week, E.J. Antoni notes

ADP private payroll growth slows to 19,750 per week, E.J. Antoni notes
ADP payroll average declines to 19,750

E.J. Antoni reports that the 4-week moving average for ADP private payroll growth has declined again for the period ending June 27. The latest figure stands at 19,750 jobs per week, or approximately 79,000 jobs per month.

Antoni recently noted that national financial conditions in the U.S. loosened slightly last week. He has also written about historical context, stating that the Federal Reserve was designed as a central bank. His updates provide regular data points on economic trends and policy history.

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