US November ADP employment 146K vs 150K expected

December 04, 2024 at 01:15PM

Prior was +233K (revised to +184K)

Annual pay growth for job-stayers 4.8% vs 4.6% prior

Job-changers’ pay gains 7.2% vs 6.2% prior

Services +140K vs +211K prior

Goods +6K vs +22K prior

“While overall growth for the month was healthy, industry performance was mixed. Manufacturing was the weakest we’ve seen since spring. Financial services and leisure and hospitality were also soft,” said Nela Richardson, chief economist at ADP.

This article was written by Adam Button at www.forexlive.com.

US November ADP employment 146K vs 150K expected