
US ADP private employment fell –32k in November, a sharp downside surprise versus expectations for 19k gain and marking one of the weakest readings of the year. Hiring declined in both major sectors, with goods-producing industries shedding -19k jobs and services losing -13k, highlighting broad cooling in labor demand. The breakdown by firm size underscored […]
The post US ADP jobs shock with -32k drop as small businesses cut deeply appeared first on ActionForex.