ADP Report Finds U.S. Added 176,000 Workers in June
July 5 (Bloomberg) -- Bloomberg's Mike McKee explains the 176,000 increase in the ADP jobs report. Companies in the U.S. added more workers than forecast in June, which may ease concern the labor market is deteriorating. The 176,000 increase followed a revised 136,000 gain the prior month that was higher than initially estimated. He speaks on Bloomberg Television's "In The Loop."
Most Recent Videos
Full Show: Surveillance (02/23)
26:49 - Bloomberg Surveillance hosted by Tom Keene and Francine Lacqua. Guests include Christopher Wheeler, analyst at Atlantic Equities, Themos Fiotakis, co-head of FX and rates strategy at UBS, Steven Barrow, head of FX strategy at Standard Advisory London, James Bevan, chief investment officer at CCLA Investment Management, U.K. House of Lords Member Karan Bilimoria, Austrian Chancellor Christian Kern, Ed Morse, global head of commodities research at Citigroup, and Jan Dehn, head of research at Ashmore Group. (Source: Bloomberg)