Summary
- It said US private-sector employment growth appears to have slowed somewhat.
- ADP said that over the past four weeks through the 24th of last month, US private-sector employment rose by an average of 6,500 per week.
- It said the ADP weekly employment change figure was 6,500, a modest decline from the prior 7,750.
US private-sector hiring appears to have slowed somewhat.
According to Walter Bloomberg, an overseas economic breaking-news channel, Automatic Data Processing (ADP) said on the 10th that “over the past four weeks through the 24th of last month, US private-sector employment increased by an average of 6,500 per week.”
According to Investing.com on the day, the ADP weekly employment change came in at 6,500. That is a modest decline from the previous reading of 7,750.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
