US ADP employment
Private-sector jobs added, from payroll firm ADP.
The basics
ADP processes pay for millions of US workers and publishes its own count of private-sector jobs two days before the official payrolls report.
How to read the result
- Above the forecast
- More jobs than forecast often lift the US dollar a little.
- Below the forecast
- Fewer jobs than forecast often weaken the US dollar a little.
Going deeper
ADP and the official payrolls figure often differ by 50,000 jobs or more, so markets treat ADP as a hint rather than a preview.
FAQs
- Why can the price move the “wrong” way?
- Prices already reflect the forecast, so markets react to the surprise, not the number itself. Other parts of the same release, revisions to earlier months or other news in the same hour can outweigh the headline figure, and a first move often reverses within the hour.
- Should I close my trade before the release?
- That is your decision; this page does not give advice. What is certain is that prices can jump in seconds around big releases, spreads widen, and a stop loss can close at a worse price than the one you set. Many traders check their position size and stop before the release.