Positive new data builds expectations for a whopper number for Friday’s closely watched jobs report

June 4, 2021

Payroll processing firm ADP said 970,000 people had been hired in May, the biggest gain since June 2020.

“If we continue to get lower numbers, I think that is consistent with stories around schools not being fully reopened and parents having difficulty with childcare arrangements… and issues around eldercare. These are still quite powerful reasons for people deciding not to come back into the labor force,” said William Rodgers, professor of public policy and chief economist at Rutgers University’s Heldrich Center for Workforce Development. “We’re not out of the woods yet,” he said.

NBC News, June 3, 2021

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