Wednesday 2 November 2022

US: ADP Employment Change rises 239K in October vs. 193K expected

 The data published by Automatic Data Processing (ADP) showed on Wednesday that private sector employment in the US rose by 239,000 in October. This reading came in better than the market expectation of 193,000. September print of 208,000 got revised down to 192,000. 

Developing story...

Market reaction

The US Dollar Index showed no immediate reaction to this data and was last seen losing 0.22% on the day at 111.30.

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