US May ADP Employment Change increase to 135K vs 113K in Apr.

Jun 5, 2013

Flash: Fed mulls tapering options – UBS

The Fed’s policy calculus looks to have changed qualitatively and this is a more direct driver of volatility, rather than data weakness.

The US private sector added 135K jobs during May, missing expectations at 165K and up from April’s 113K (revised from 119K)...