PANews reported on October 1st that according to data from the Jinshi Index, U.S. ADP private sector payrolls have declined for two consecutive months, indicating continued sluggish job creation. After revisions, U.S. private sector payrolls fell by 3,000 in August and by a further 32,000 in September. ADP said in a statement that the data contained an unusually large number of missing or edited values, resulting in a rougher-than-usual estimate for its baseline calculations. However, ADP also stressed that the overall slowdown in the job market has not changed.PANews reported on October 1st that according to data from the Jinshi Index, U.S. ADP private sector payrolls have declined for two consecutive months, indicating continued sluggish job creation. After revisions, U.S. private sector payrolls fell by 3,000 in August and by a further 32,000 in September. ADP said in a statement that the data contained an unusually large number of missing or edited values, resulting in a rougher-than-usual estimate for its baseline calculations. However, ADP also stressed that the overall slowdown in the job market has not changed.
U.S. private employment has fallen for two consecutive days, and job creation momentum continues to be sluggish
PANews reported on October 1st that according to data from the Jinshi Index, U.S. ADP private sector payrolls have declined for two consecutive months, indicating continued sluggish job creation. After revisions, U.S. private sector payrolls fell by 3,000 in August and by a further 32,000 in September.
ADP said in a statement that the data contained an unusually large number of missing or edited values, resulting in a rougher-than-usual estimate for its baseline calculations. However, ADP also stressed that the overall slowdown in the job market has not changed.
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