
The U.S. labor market is under close scrutiny this week with the release of key employment reports. On Wednesday, the ADP Private Payroll report will provide an early estimate of job creation within the private sector, with expectations of 120,000 new positions added in September. This report is closely watched for its potential impact on the USD Index. The main focus, however, is on the official September Non-farm Payrolls (NFP) report, set to be released on Friday. Analysts anticipate that the NFP report will show a rise in payrolls and real average hourly earnings to record highs, despite a moderation in monthly payroll growth to 116,000 over the past three months. The health of the U.S. labor market remains a critical factor for the Federal Reserve and global markets. The report will also reveal the unemployment rate.
When will the ADP Report be released, and how could it affect the USD Index? #ADP will release the US Employment Change report on Wednesday and it is expected to show that the private sector added 120,000 new positions in September. Ahead of the release, the US #Dollar Index…
ADP report set to give clues about US labor market ahead of Friday’s NFP The #ADP Employment Change report is expected to show a modest improvement in the number of private jobs created in September. The United States will publish the Nonfarm Payrolls report on Friday. The US…
ADP National Employment report has a bad reputation in markets, but should it? Its predictive powers for private sector payrolls in the BLS survey have been decent over the past year. The key data release today IMO. https://t.co/830N4io1n6

