#ADPWeeklyEstimateShowsUSPrivatePayrollsUp19750 🇺🇸 🇺🇸🇺🇸 🚨🚨🚨The US labor market is showing signs of recovery: ADP reports employment growth
According to ADP, US private employers added an average of 19 750 jobs per week over the four weeks through October 24.
This marks the second consecutive weekly increase in the figure.
📊 For comparison: the previous estimate was 19 500 jobs, and the week before that it was 16 750.
At first glance, the numbers are small, but the trend is interesting. Businesses are gradually picking up hiring, which may point to the resilience of the US economy.
This is also an important signal for financial markets. A stronger labor market could support the dollar, but at the same time make the Fed's decisions on cutting interest rates more difficult.
I wouldn't draw any sweeping conclusions just yet. These are preliminary ADP figures, which may still be revised.
📊However, employment trends are definitely worth watching right now.
#ADP #USJobs #FederalReserve $QQQ
$ONDO
$SPY
According to ADP, US private employers added an average of 19 750 jobs per week over the four weeks through October 24.
This marks the second consecutive weekly increase in the figure.
📊 For comparison: the previous estimate was 19 500 jobs, and the week before that it was 16 750.
At first glance, the numbers are small, but the trend is interesting. Businesses are gradually picking up hiring, which may point to the resilience of the US economy.
This is also an important signal for financial markets. A stronger labor market could support the dollar, but at the same time make the Fed's decisions on cutting interest rates more difficult.
I wouldn't draw any sweeping conclusions just yet. These are preliminary ADP figures, which may still be revised.
📊However, employment trends are definitely worth watching right now.
#ADP #USJobs #FederalReserve $QQQ
$ONDO
$SPY
