ADP employment disappointed investors during pre-market hours, coming out worse than expected. The report showed that the private job market had contracted at a higher rate than the expected number of -335k, coming out at -371k. The ADP figure was closely watched by investors as it is thought to predict the important NFP numbers. To date analysts are expecting the NFP figure to show that the economy shredded -330k jobs, compared to last month’s -467k. Even though the number still reflects a dour economy, any number less than last month’s figure will could show that there is a dramatic change in employment.