US Private Sector Jobs Drop 32,000 in September Amid Shutdown
TL;DR Summary
The ADP report shows U.S. private payrolls declined by 32,000 in September, contrary to expectations, partly due to annual benchmarking adjustments. Despite the job loss, other indicators suggest the labor market remains stable, though hiring momentum has slowed, and the ongoing government shutdown may delay official employment data.
Topics:business#adp-payroll#economy#government-shutdown#jobs-report#labor-market#september-employment
- U.S. Sheds 32,000 Private Sector Jobs in September, According to ADP Barron's
- U.S. Lost 32,000 Jobs in September, Says Payroll Processor The Wall Street Journal
- The US economy lost 32,000 private-sector jobs in September CNN
- Stock market today: Dow, S&P 500, Nasdaq slide as US shutdown begins, ADP shows unexpected jobs decline Yahoo Finance
- 10-year Treasury yield falls after surprise decline in private payrolls, government shutdown CNBC
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