FOREX TradingCharts.com

Financial News: U.S. Private Sector Employment Increases Less Than Expecte

U.S. Private Sector Employment Increases Less Than Expected In October

11/04/2020 - 08:23:00 (RTTNews)

(RTTNews) - Private sector employment in the U.S. increased by much less than expected in the month of October, according to a report released by payroll processor ADP on Wednesday.

ADP said private sector employment rose by 365,000 jobs in October after spiking by an upwardly revised 753,000 jobs in September.

Economists had expected private sector employment to surge by 650,000 jobs compared to the jump of 749,000 jobs originally reported for the previous month.

"The labor market continues to add jobs, yet at a slower pace," said Ahu Yildirmaz, vice president and cohead of the ADP Research Institute. "Although the pace is slower, we've seen employment gains across all industries and sizes."

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Personal Income Drops In October, But Personal Spending Rises (46 min(s), 30 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Wednesday showing a decrease in U.S. pers ...Full Story»

U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated (59 min(s), 30 sec(s) ago)
(RTTNews) - Revised data released by the University of Michigan on Wednesday showed consumer senti ...Full Story»

U.S. New Home Sales Unexpectedly Dip 0.3% In October (01 hr(s), 16 min(s), 30 sec(s) ago)
(RTTNews) - New home sales in the U.S. unexpectedly edged lower in the month of October, according ...Full Story»

U.S. Durable Goods Orders Jump 1.3% In October, More Than Expected (01 hr(s), 38 min(s), 30 sec(s) ago)
(RTTNews) - New orders for U.S. manufactured durable goods increased by more than expected in the ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Climb To 778,000 (01 hr(s), 46 min(s), 30 sec(s) ago)
(RTTNews) - Fist-time claims for U.S. unemployment benefits unexpectedly increased in the week end ...Full Story»

Spike In U.S. GDP In Third Quarter Unrevised At 33.1% (02 hr(s), 46 min(s), 30 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Wednesday showed the spike in gross do ...Full Story»

U.S. Durable Goods Orders Jump More Than Expected In October (02 hr(s), 50 min(s), 30 sec(s) ago)
(RTTNews) - New orders for U.S. manufactured durable goods increased by more than expected in the ...Full Story»

U.S. Weekly Jobless Claims Show Unexpected Increase (02 hr(s), 55 min(s), 30 sec(s) ago)
(RTTNews) - Fist-time claims for U.S. unemployment benefits unexpectedly increased in the week end ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Personal Income Drops In October, But Personal Spending Rises

11/25/2020 - 10:48 AM (RTTNews)
(RTTNews) - The Commerce Department released a report on Wednesday showing a decrease in U.S. pers ...Full Story>>

U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated

11/25/2020 - 10:35 AM (RTTNews)
(RTTNews) - Revised data released by the University of Michigan on Wednesday showed consumer senti ...Full Story>>

U.S. New Home Sales Unexpectedly Dip 0.3% In October

11/25/2020 - 10:18 AM (RTTNews)
(RTTNews) - New home sales in the U.S. unexpectedly edged lower in the month of October, according ...Full Story>>

U.S. Durable Goods Orders Jump 1.3% In October, More Than Expected

11/25/2020 - 09:56 AM (RTTNews)
(RTTNews) - New orders for U.S. manufactured durable goods increased by more than expected in the ...Full Story>>

U.S. Weekly Jobless Claims Unexpectedly Climb To 778,000

11/25/2020 - 09:48 AM (RTTNews)
(RTTNews) - Fist-time claims for U.S. unemployment benefits unexpectedly increased in the week end ...Full Story>>

Do not sell my personal information

Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.