PiCK
U.S. January ADP Nonfarm Employment at 183,000... Far Exceeds Wall Street Expectations
Son Min
- The U.S. January ADP nonfarm employment index was reported to have significantly exceeded Wall Street expectations.
- Private sector new job employment in January was 183,000, surpassing both the expected 148,000 and last month's figures.
- The ADP National Employment Report is explained to be used as a predictor of government nonfarm employment changes.
STAT AI Notice
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
The U.S. January ADP (Automatic Data Processing) nonfarm employment index significantly exceeded Wall Street expectations.
According to the National Employment Report released by ADP on the 5th (local time), private sector new job employment in January was 183,000, surpassing both the expected 148,000 and last month's revised figure of 176,000.
The ADP National Employment Report is a measure of employment changes based on payroll data from about 400,000 U.S. business clients of ADP and is used as a predictor of government nonfarm employment changes because it is released before government data.

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBitPiCK News
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