Preliminary estimates from ADP Research and Stanford Digital Economy Lab indicate that U.S. private sector employment declined by an average of 11,250 workers per week over the four-week period ending October 25.
Earlier ADP data showed that U.S. businesses added 42,000 jobs in October.
ADP Research and Stanford Digital Economy Lab recently introduced weekly employment tracking metrics.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments