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US ADP employment grew 127k, Fed tightening having impact

Started by PocketOption, Dec 01, 2022, 05:19 am

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PocketOption

Dec 01, 2022, 05:19 am
US ADP employment grew 127k, Fed tightening having impact

US ADP private employment grew 127k in November, below expectation of 195k. By sector, goods- producing jobs dropped -86k. Service-providing jobs rose 213k. By establishment size, small companies lost -51k jobs. Medium companies added 246k. Large companies lost -68k. Turning points can be hard to capture in the labor market, but our data suggest that […]


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