US Job Market Shows Signs of Tepid Recovery in October, Says ADP

Reported 1 day ago

According to ADP, the US labor market is showing signs of a tepid recovery in October, with an average weekly employment increase of 14,250 over the four weeks ending October 11. Although hiring has improved from September levels, it remains slow. Despite previous job losses, this modest growth could support economic recovery. ADP's report comes as the Federal Reserve prepares to announce a potential interest rate cut, amid data delays due to the government shutdown.

Source: YAHOO

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