Private employers in the United States added 143,000 jobs in September, significantly outpacing expectations and the previous month's figures. The latest ADP National Employment Report revealed a robust labor market, with hiring exceeding the estimated 125,000 jobs. This marks a substantial increase from August's 99,000 job additions, signaling continued economic resilience. The Biden credit-pump seems to work... at least until election day!?
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221 sats \ 9 replies \ @Cje95 2 Oct
I was surprised to see this given what Powell has said about the labor market... Cant wait for the revision right after the election though that says only 5 jobs were created!
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47 sats \ 4 replies \ @Undisciplined 2 Oct
It'll be good to see if the household survey results show the same thing. They've been more accurate than the employer reports.
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87 sats \ 3 replies \ @Cje95 2 Oct
True true! The household comes out on Friday right? Heard that mentioned at some point this morning but I wasn't paying attention when it was brought up!
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10 sats \ 2 replies \ @Undisciplined 2 Oct
I have never been someone who knows when things come out. Fortunately, @TomK is on top of all these reports, so I don't have to be.
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35 sats \ 0 replies \ @Cje95 2 Oct
True he really is! I mean I tend to have CNBC or Bloomberg on every morning but I still never seem to know lol
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22 sats \ 0 replies \ @TomK OP 2 Oct
Maybe I write them...
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10 sats \ 3 replies \ @TomK OP 2 Oct
Or better: oops, we need to change sign, then it fits
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47 sats \ 2 replies \ @Cje95 2 Oct
Yep! I still am amazed by that huge revision from a couple months ago where they said opps we over counted by 800,000 jobs... like excuse me I want the job counter job because you can be complete shit and you are fine!
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10 sats \ 1 reply \ @TomK OP 2 Oct
That was hilarious. Keeping up a system of lies is always getting more expensive with the time
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47 sats \ 0 replies \ @Cje95 2 Oct
Tell me thought wouldnt you love that job!?! Easy 6 figures to just throw a dart at a board and go andddddd its _____
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47 sats \ 1 reply \ @Akg10s33 2 Oct
Yes, until the elections 🤭.. Good morning, don't stop posting!! 👍
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0 sats \ 0 replies \ @TomK OP 2 Oct
GM, have a nice day
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47 sats \ 0 replies \ @grayruby 2 Oct
Then come the revisions..... and it's gone.
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47 sats \ 2 replies \ @Satosora 2 Oct
Are these real numbers?
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20 sats \ 1 reply \ @TomK OP 2 Oct
We'll have to wait for the correction to know
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0 sats \ 0 replies \ @Satosora 2 Oct
Or just fake biden numbers?
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0 sats \ 0 replies \ @Msd0457890 2 Oct
The political game in the United States has been in chaos. I sincerely believe that these numbers are a smokescreen 💨
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