Quick take on the ADP jobs report. As it did with June, the July ADP soundly beat forecasts. The...

|By:, SA News Editor

Quick take on the ADP jobs report. As it did with June, the July ADP soundly beat forecasts. The June figures prompted economists to increase their predictions for the month's nonfarm payrolls, so it was somewhat of a shock that unemployment rose and payrolls grew a measly 18K.