Fox Business - The Power to Prosper
Search Site

Automatic Data Processing, Inc.

Related Topics

  1. Employment Report
  2. Service Sector
  3. Employment Law
  4. Home Sales
  5. Jobless Claims
  6. Moody's
Get updates on Automatic Data Processing, Inc.
U.S. Adds 165,000 Jobs, Unemployment Rate Dips

The U.S. added 165,00 jobs in April, better than expected and enough to temporarily quell fears that higher payroll taxes and mandated government spending cuts are draining momentum from labor markets.The headline unemployment rate ticked lower to 7.5% from 7.6%, the lowest in four years. Economists had predicted an increase of 145,000 jobs and that the unemployment rate would remain unchanged.Perhaps the best news out of the jobs report was that highly disappointing March numbers were revised upward to 138,000 non-farm jobs created, up from the 88,000 originally reported. In total, revisions added 114,000 jobs to the workforce in February and March.The takeaway from the April upside surprise and the upward revision for the March and February numbers is that the economy remains sluggish but things aren't as bad as they seemed."The upturn is being driven by private sector payrolls, which grew by 176,000 in April. A previously estimated 95,000 rise in March was revised up to 154,000 and ...

Read More ›

  1. Wall Street Thrashed Amid Mounting Economic Worries

    FOX Business: Capitalism Lives HereDisappointing jobs data and swelling oil inventories ignited worries about the global economy, and sent stocks and energy futures ...

  2. U.S. Stocks Pare Losses Slightly After Fed Statement

    Stocks held much of their broad losses midday, as investor jitters spread following disappointing economic data and the Federal Reserve's latest statement showed lit...

  3. MARKET SNAPSHOT: U.S. Stocks Continue Slide After Fed Decision

    U.S. stocks declined Wednesday as the Federal Reserve said it would keep buying $85 billion in bonds each month, but may cut or increase the program, depending on th...

  4. MARKET SNAPSHOT: U.S. Stocks Curb Slide After Fed Decision

    U.S. stocks came off session lows on Wednesday afternoon after the Federal Reserve said it would maintain its current monetary easing, as expected.The Federal Reserv...

  5. Fed Holds QE Steady, Sees 'Moderate' Growth

    The Federal Reserve stood pat on Wednesday at the conclusion of two days of meetings, keeping its loose fiscal policies in place and pledging to do more or less if n...

  6. MARKET SNAPSHOT: U.S. Stocks Sink Before Federal Reserve Decision

    U.S. stocks dropped sharply Wednesday, with the S&P 500 index retreating from its all-time high, as corporate revenue fell short of estimates, as did data on private...

  7. MARKET SNAPSHOT: U.S. Stocks Drop As Companies Miss On Revenue

    U.S. stocks fell Wednesday as companies from MasterCard Inc. to Merck & Co. Inc. reported quarterly results that fell short on revenue and data on private-sector job...

  8. BOND REPORT: Treasurys Hit Fresh 2013 Yield Lows On Data

    Treasurys rallied to new yearly yield lows Wednesday as investors retreated to the haven of the U.S. government bond market after reports pointed to slowing economic...

  9. Market Wrap for Wednesday, May 1: Stocks Fall as Employment Data Weakens in April

    The U.S. stock market was hit hard on Wednesday as investors reacted to a report which showed slowing employment conditions for the month of April.The losses were al...

  10. MARKET SNAPSHOT: U.S. Stocks Drop On Corporate Revenue Misses

    U.S. stocks fell Wednesday as companies from MasterCard Inc. to Merck & Co. Inc. reported quarterly results short on revenue and data missed the mark on private-sect...

  11. Fed Likely To Stand Pat on Policy as Economy Struggles

    The Federal Reserve is widely expected to stand pat on Wednesday, keeping its loose fiscal policies in place at the conclusion of two days of meetings.A weak jobs re...

  12. BOND REPORT: Treasurys Hit Fresh Yearly Lows On Data

    Treasurys rallied to new yearly yield lows Wednesday as investors retreated to the safe haven of the U.S. government bond market amid disappointing economic data.The...

  1. ADP 3rd-Quarter Net Up 6.7% on Employer Services Growth

    Automatic Data Processing Inc.'s (ADP) fiscal third-quarter earnings rose 6.7% as the payroll and benefits-administration company posted improved revenue from all th...

  2. Asian Shares Lower, Higher Yen Drags on Japan

    Persistent yen strength continued to weigh on Japan's stock market Thursday as news of the U.S. Federal Reserve's intent to carry on with its easing measures pulled ...

  3. BOND REPORT: Treasurys Hit 2013 Yield Low Despite Fed Data

    Treasurys slowed slightly Wednesday after the Federal Reserve announced its flexible stance on asset-purchases, but the haven bonds didn't lose much speed during a s...

  4. MARKET SNAPSHOT: U.S. Stocks Sink; Dow Snaps 4-day Win Streak

    U.S. stocks declined Wednesday as the Federal Reserve said it would keep buying $85 billion in bonds each month, but may cut or increase the program depending on the...

  5. Oil Futures at Lowest in Week After U.S. Inventories Hit Three-Decade High

    Oil futures fell to their lowest level in a week Wednesday after a report showed U.S. oil inventories rose to their highest level in more than three decades last wee...

  6. BOND REPORT: Treasurys Pull Back On Rally After Fed Release

    Treasurys slowed slightly Wednesday after the Federal Reserve announced its flexible stance on asset-purchases, but the haven bonds didn't lose much speed during a s...

  7. Wall Street Sinks as Oil Sells Off

    FOX Business: Capitalism Lives HereEnergy and materials stocks were the worst performers on the day as energy futures took a thrashing on the back of a much bigger-t...

‹ Prev12345…Next ›
Freebase CC-BY
Source: Automatic Data Processing, Inc. on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL