ADP US September employment +89K vs +153K expected
<ul><li><a href="https://www.forexlive.com/news/adp-us-august-employment-177k-vs-195k-expected-20230830/" target="_blank" rel="follow">Prior </a>was +177K (revised to +180K)</li></ul><p>Details:</p><ul><li>small (less than 50 employees) +95K vs +18K prior</li><li>medium firms (500 – 499) +72K vs +79K prior</li><li>large (greater than 499 employees) -83K vs +83K prior</li></ul><p>Changes in pay:</p><ul><li>Job stayers 5.9% vs 5.9% prior</li><li>Job changers 9.0% vs 9.5% prior</li></ul><p>This was the worst reading since January 2022. It's putting downward pressure on yields and the US dollar.</p>
This article was written by Adam Button at www.forexlive.com.
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