ADP Employment Report Released On 10/30/2013 8:15:00 AM For Oct, 2013 Prior Prior Revised Consensus Consensus Range Actual ADP employment 166,000 145,000 138,000 100,000 to 160,000 130,000 Highlights ADP reports a smaller-than-expected rise in private payroll growth, at 130,000 in October vs the Econoday consensus for 138,000. ADP's count for September is downwardly revised to 145,000 vs an initial reading of 166,000. The initial reading for the comparable government number in September is 126,000.
There's no consensus yet for the October employment report which, set back a week by the government shutdown, will be posted a week from Friday. But today's ADP report will likely add to concern over the effect of the government shutdown in October and over strength of nonfarm payroll growth in general.
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