Fiper | ADP Non-Farm Employment Change

Specifies the change in the level of those hired over the past month, excluding those hired in the agricultural sector
This indicator is published two days before the publication of the ADP employment report on the official office of human resources statistics, which provides solutions in the field of employment for companies.
Private firms in the United States created 106,000 jobs in January of 2023, which is far below the upwardly revised 253,000 in December and the market expectation of 178,000. It is the lowest reading since January 2021, when companies shed 69,000 jobs. ADP noted that employment was weak during the January 12th reference week as the US was hit by severe weather. Employment was stronger during the other weeks of the month, in line with the strength seen late last year. The services sector added 109 thousand jobs, led by entertainment and hospitality (95 thousand), financial activities (30 thousand), education / health services (12 thousand), professional / commercial (8 thousand) and information (5 thousand) while trade / transportation and utilities lost 41 A job. Meanwhile, the commodity-producing industry lost 3k jobs due to construction (-24k) and mining (-2k) while the manufacturing sector added 23k.

Outlook for today's statement and how it will affect the currency

The forecast for today's statement is 197 thousand
In the event that the data was issued in numbers higher than expectations, this positively affects the currency and vice versa