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US Private Sector Added Some Jobs Last Month
US private sector employers added 208,000 jobs in September, ADP said Wednesday.
It felt, for lack of a better way to describe the numbers, like a boring report. It's also difficult to parse. Wednesday's release was the second since ADP unveiled a revamped methodology. I, for one, am still adjusting.
The headline print essentially matched consensus, which was looking for 200,000. The slight upside surprise was vulnerable to a "good news is bad news" interpretation at a time when markets want c
I thought the market was looking for 250-265k?
That’s NFP
Got it thanks, I got the two prints crossed.