Wu Shuo learned that on June 16, the weekly change in ADP employment in the United States for the week ending May 30 was 25.5k people, lower than the previous value of 29k people, marking the fourth consecutive week of slowdown.

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StillHereAfterTheRugPull
· 2h ago
Four consecutive weeks of slowdown, the Federal Reserve faces less pressure, risk assets take a breather
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MevBreakRoom
· 3h ago
With this data out, the probability of a rate cut in September has nudged upward again.
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ShellsLeftBehindByTheReceding
· 3h ago
ADP leading indicator, non-farm payroll estimates also won't look too good, the soft landing narrative continues
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SudoSage
· 3h ago
25.5k vs previous value 29k, the slowdown trend is quite steady
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GateUser-9ccf7051
· 3h ago
ADP has decreased for four consecutive weeks, indicating a clear cooling signal in the job market.
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