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 unexpectedly created 497,000 jobs in June 2023, the most since February 2022, and well above expectations of 228,000. The services sector added 373 thousand jobs, led by the entertainment and hospitality sector (232 thousand); trade / transportation / utilities (90 thousand); and education/health (74k) while job losses were noted in information (-30k); financial activities (-16 K); and Professional/Business (-5k). Meanwhile, the commodity-producing industry added 124,000 jobs due to construction (97,000) and mining (69,000) while manufacturing lost 42,000 jobs. Small enterprises created 299,000 jobs, 183,000 medium-sized jobs, while large companies shed 8,000 jobs. On the wage front, wage increases slowed for both job changers (11.2%, the slowest since October 2021) and those employed (6.4% vs. 6.6%). said Nella Richardson, chief economist at ADP

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

The forecast for today's statement is 191K
In the event that the data was issued in numbers higher than expectations, this positively affects the currency and vice versa

The timing of the statement

The statement will be issued at 3:15 pm Mecca Al-Mukarramah time