U.S. private sector job creation slowed as expected in September, according to the latest release from ADP and Moody’s Analytics. The private payrolls processor ADP said private-sector job creation rose by 135,000 in September, compared with expectations for 131,000. ADP data are considered a strong indicator of the official labor market trend. Nonfarm Payrolls Eyed The Labor Department will release the official nonfarm payrolls data on Friday, which is a more comprehensive snapshot of the labor market. Economists are projecting a September increase of 98,000 nonfarm jobs, following a gain of 156,000 in August. Unemployment is expected to hold steady […]
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