US Private Sector Employment Increased by 568,000 Jobs in September | Metals Mine

  • US Private Sector Employment Increased by 568,000 Jobs in September

    From adpemploymentreport.com Story is in PDF Format

    Private sector employment increased by 568,000 jobs from August to September according to the September ADP® National Employment ReportTM. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® in collaboration with Moody’s Analytics. The report, which is derived from ADP’s actual data of those who are on a company’s payroll, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis. tables “The labor market recovery continues to make progress despite a marked slowdown from the ... (full story)

Added at 7:22am

  • Companies hired at a brisk pace in September despite fears about Covid and the economy, ADP says

    From cnbc.com

    Companies shook off worries over the Covid delta variant and hired at a faster than expected pace in September, according to a report Wednesday from payroll processing firm ADP. Private jobs rose by 568,000 for the month, better than the Dow Jones estimate from economists of 425,000 and ahead of the downwardly revised 340,000 reading in August. The initial August report showed growth of 374,000. The report comes amid concerns about how fast hiring would grow considering ongoing fears over the delta spread and signs that the brisk economic growth of 2021 was beginning to slow heading into autumn, particularly due to ... (full story)

Comment Options
Donfeb
Oct 6, 2021 7:38am
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Quoting Explorer-1
actually very promising data. now we need to hear tapering date from officials and then open up our champagne
With what is happening to nzd taper or rate hike does not guarantee anything
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Ksth
Oct 6, 2021 7:51am
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Prepare buy usd
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Ksth
Oct 6, 2021 8:28am
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Easy money..lol
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RedCable
Oct 6, 2021 8:04am
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What a terrible market reaction !! The started with the NZD and now its the USD !!! Market makers are in full control.
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BaliBoyz80
Oct 6, 2021 7:41am
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so, this is good news or still reason to make usd weak ? good news usd weak, if bad news market respond speed 101% faster beat the speed of the flash.....lol
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MuliawanSam
Oct 6, 2021 8:04am
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USD already bullish since yesterday
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MuliawanSam
Oct 6, 2021 8:20am
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May be they know before the data release
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swimmax
Oct 6, 2021 8:00am
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Pre-market isn't liking that number as of yet.... down .9%
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Explorer-1
Oct 6, 2021 7:45am
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Quoting BaliBoyz80
so, this is good news or still reason to make usd weak ? good news usd weak, if bad news market respond speed 101% faster beat the speed of the flash.....lol
its just market dynamism, so don't expect market makers sit aside and let you win big time trading only the news
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Donfeb
Oct 6, 2021 7:50am
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Quoting BaliBoyz80
so, this is good news or still reason to make usd weak ? good news usd weak, if bad news market respond speed 101% faster beat the speed of the flash.....lol
What is happening now is the more you look the less you see maybe it have been priced in like they say even when I don't know what that means if compared with what is happening now
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Donfeb
Oct 6, 2021 7:52am
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Quoting Explorer-1
{quote} nzd rate hike was very modest and already priced in, usd is only at the beginning.
Where you expecting nzd to drop that low in the face of rate increase at a time like this?
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Donfeb
Oct 6, 2021 8:23am
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ADP non farm employment change is totally useless and should not be added as high impact news go and compare the past result of ADP non farm employment change and the other non farm employment change that will be out on Friday the difference in figures is much
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yudhaindra
Oct 6, 2021 8:50am
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Quoting RedCable
What a terrible market reaction !! The started with the NZD and now its the USD !!! Market makers are in full control.
Why you so confused? Plan your trade, trade ur plan, just simple like dat
Reply
Explorer-1
Oct 6, 2021 7:24am
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actually very promising data. now we need to hear tapering date from officials and then open up our champagne
Reply
Explorer-1
Oct 6, 2021 7:42am
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Quoting Donfeb
{quote} With what is happening to nzd taper or rate hike does not guarantee anything
nzd rate hike was very modest and already priced in, usd is only at the beginning.
Reply
yudhaindra
Oct 6, 2021 8:50am
Permalink
Quoting MuliawanSam
May be they know before the data release
Why you so confused? Plan your trade, trade ur plan, just simple like dat
Reply
Khasar
Oct 6, 2021 8:53am
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looooool
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Trader#03A7
Oct 6, 2021 9:00am
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Quoting Donfeb
{quote} With what is happening to nzd taper or rate hike does not guarantee anything
The U.S. has had initial unemployment claims climb for the first three consective weeks in September, totaling 1,048,000 with one week to go. Promising?
Reply
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