The sharp slowdown in the growth rate of the number of workers is consistent with other data. These data show that work mall rebounded within a few months after the lifting of the ban, but now it is in danger of retreating. The number of people applying for unemployment benefits rose for two weeks in a row, which forced the plan to show some amendments from the beginning.
The number of new employees of ADP was outstanding in May and June, but it dropped significantly in July.
The president of ADP, a work data company, said that we have seen that the economic slowdown has affected enterprises in all planning and industries. In July, the recovery of the job market slowed down.
In terms of detailed data, ADP statement shows that the number of professional/commercial service employees decreased by 58,000 in July and increased by 65,438+05.10,000 in June. In July, the number of employees in the financial services industry decreased by 6.5438+0.8 million, and in June, it increased by 65,000. In July, the number of trade/transportation/public utilities employees increased by 4 1 000, and in June, it increased by 288,000. In July, the number of manufacturing employees increased by 1 10,000, and in June, it increased by 88,000. The number of construction workers decreased by 8,000 in July and increased by 394,000 in June.
Two days later, the U.S. Department of Labor will announce the number of non-agricultural jobs that have attracted much attention, and the disappointing ADP data also casts a shadow over the non-agricultural prospects.
The increase in the number of cases has led States and regions to reduce their open-door strategies. Minneapolis Fed President Kashkali suggested on Sunday that the United States should once again enter a completely closed state to stop the spread of the virus.
After the data was released, spot gold rose slightly in the short term, and spot silver rose by 4.28% in the day; The gains of American stock futures narrowed, with Dow futures up 0.6%, Nasdaq futures up 0.47% and S&P 500 index up 0. 18%.