#ADPUSPrivateEmployersAdd86000JobsInOctober
๐ฐ Job-Changers Got 4.8% Raises While ADP Held at 86K
Hiring beat forecasts again, but pay is what keeps the Fed's hands busy.
๐ ADP +86K, a second straight 86K month, vs 67K-75K expected
๐ต Job-changers' pay +4.8% a year; stayers +3%; gross pay +4.7%
๐ฆ CME FedWatch: December hike odds above 80%
๐ Official jobs report Friday 8:30 AM ET: ~59K-65K, jobless rate 4.2%
Why it matters: fast wage growth is the part of the data most likely to keep rate-hike bets alive.
December hike odds after Friday: stay above 80%, or fall below 70%? ๐
$BTC
#ADP #FedWatch #ADPUSPrivateEmployersAdd86000JobsInOctober
๐ฐ Job-Changers Got 4.8% Raises While ADP Held at 86K
Hiring beat forecasts again, but pay is what keeps the Fed's hands busy.
๐ ADP +86K, a second straight 86K month, vs 67K-75K expected
๐ต Job-changers' pay +4.8% a year; stayers +3%; gross pay +4.7%
๐ฆ CME FedWatch: December hike odds above 80%
๐ Official jobs report Friday 8:30 AM ET: ~59K-65K, jobless rate 4.2%
Why it matters: fast wage growth is the part of the data most likely to keep rate-hike bets alive.
December hike odds after Friday: stay above 80%, or fall below 70%? ๐
$BTC
#ADP #FedWatch #ADPUSPrivateEmployersAdd86000JobsInOctober
