ADP is a private firm that does its own surveys of the job market, independent of the regular government reports.
The headline: Private sector job growth ‘rip-roaring’ in May: ADP (Fox Business)
Quickie Comment: Assuming the official report confirms ADP’s survey, the evidence is building that the economy is back so more Fed interest rate hikes will be coming this year.
“Quickies” are a new feature at ZipDialog.
They are, as the name wryly implies, very short, usually a link to a story and a brief comment.