ADP says 113,000 private-sector jobs created in October. U.S. labor market softening?

News Room
By News Room 0 Min Read

The numbers: Businesses in the U.S. created just 113,000 new jobs in October, payroll processor ADP said, in a potential sign of a slackening labor market.

Economists polled by the Wall Street Journal had forecast a 130,000 increase.

The ADP payroll estimate can offer clues on the strength of the labor market, but it’s not an accurate predictor…

Read the full article here

Share This Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *