• Prior 241k. Revised to 253k
  • Small business 78k vs 106k prior
  • Medium bus 95k vs 70k Prior
  • Large bus 40k vs 66k prior
  • Manufacturing 14k vs 26k prior
  • Financial 11k vs 16k prior
  • Construction 18k vs 23k prior

While I wait for the details to come out, the number matches the lowest since Sep last year.

USD/JPY tacks on about 10 pips from 117.42

The numbers are still healthy and posting gains but we could well see them trail off this year. The jobs market has been on a great run and that will start to taper at some point.

US ADP employment report vs BLS 04 02 2015

US ADP employment report vs BLS 04 02 2015