+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Here come ADP private payrolls ...

Mar 8, 2017, 18:47 IST

Flickr/USAG-Humphreys

The ADP Research Institute will release its monthly report on private-sector employment at 8:15 a.m. ET.

Advertisement

Economists forecast that the report will show that 187,000 private payrolls were added in February, slowing from a 246,000 gain in January, according to Bloomberg.

ADP's report comes ahead of the government's jobs report on Friday, which is forecast to show that the US economy added 190,000 nonfarm payrolls last month.

The jobs report is considered the final piece of economic data that, if terrible, could deter the Federal Reserve from raising interest rates at its meeting next week. Futures traders see a near-100% chance that the Fed will raise its benchmark rate after several officials on the policy-setting committee spoke in favor of hiking sooner rather than later.

More to come ...

Advertisement

NOW WATCH: Hackers and governments can see you through your phone's camera - here's how to protect yourself

Please enable Javascript to watch this video
Next Article