• Prior 220k. Revised to 215k
  • Small business 82k vs 82k prior
  • Medium bus 61k vs 81k prior
  • Large bus 37k vs 57k prior
  • Manufacturing 10k vs 1k prior
  • Financial 6k vs 8k prior
  • Construction 14k vs 19k prior

A miss sends USD/JPY lower to 102.48 from 102.59

“After a strong post-winter rebound in April, job growth in May slowed somewhat. The 179,000 jobs added figure is higher than May of last year and in line with the average over the past twelve months.” Carlos Rodriguez, president and chief executive officer of ADP

US ADP jobs report 04 06 2014

The market likes to use the ADP for a hint at the NFP numbers on Friday. The drop may have the market revising down those expectations which are running about 210-215k at the moment.