Automatic Data Processing Stock News

(RTTNews) - Private sector employment in the U.S. surged by much more than expected in the month of December, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment spiked by 807,000 jobs in December after jumping by a revised 505,000 jobs in November. Economists had expected private sector

(Kitco News) - Gold ticked down but was trading largely steady above $1,800 an ounce after private-payrolls processor ADP reported a better-than-expected increase in jobs in December.

ADP Signals Biggest Job Gain Since May (Ahead Of Omicron) ADP reported private payrolls rose a stunningly better than expected 807k in December (almost double the 410k expectation and compared to the 384k expectations for payrolls on Friday). Source: Bloomberg Job gains were broad-based, as goods producers added the strongest reading of the year, while service providers dominated growth. Decembers job growth brought the fourth quarter average to 625,000, surpassing the 514,000 average for the year. While job gains eclipsed 6 million in 2021, private sector payrolls are still nearly 4 million jobs short of pre-COVID-19 levels,"said Nela Richardson, chief economist, ADP. All cohorts added jobs, dominated by Services recovery Decembers job market strengthened as the fallout from the Delta variant faded and Omicrons impact had yet to be seen, added Richardson. Tyler Durden Wed, 01/05/2022 - 08:22

(RTTNews) - Private sector employment in the U.S. surged by much more than expected in the month of December, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment spiked by 807,000 jobs in December after jumping by a revised 505,000 jobs in November. Economists had expected private sector

Private job growth totaled 807,000 for the month, well ahead of the Dow Jones estimate for 375,000 and the November gain of 505,000.

ADP released its monthly report on private payrolls Wednesday morning.

807K new private-sector jobs having been created in the month of December is more than double the expected 375K.

U.S. Private Payrolls Jump in December.

Automatic Data Processing Inc. (ADP) shares closed today at 1.5% below its 52 week high of $248.96, giving the company a market cap of $102B. The stock is currently down 1.0% year-to-date, up 41.1% over the past 12 months, and up 162.1% over the past five years. This week, the Dow Jones Industrial Average rose 0.8%, and the S&P 500 rose 0.1%. Trading Activity Trading volume this week was 1.8% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 83.2% The company's stock price performance over the past 12 months beats the peer average by 5.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 20.1% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Major Indexes Start 2022 With New Closing Highs.

This morning, we're seeing gains increasing in pre-market activity in all three major indexes.

Wall Street Starts 2022 on a Positive Note.

Pre-market indexes are picking up 2021's solid growth numbers to start 2022 trading this morning.

For the third time in six weeks, Initial Jobless Claims have come in below the psychologically satisfying 200K number: 198K.