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美国11月ADP数据速评

Preliminary data on USA ADP in November

Breakings ·  Dec 4 21:26

In November, the employment situation of companies in the USA remained strong, further proving the resilience of the labor market despite slowing down. The report indicates uneven employment growth across different industries. Education, medical care, and construction industries are leading, while manufacturing employment has seen the largest decline in over a year. Recruitment in the leisure and financial services industries is also relatively weak. The data further demonstrates that despite facing continuous price pressures and high borrowing costs, there is still demand for workers in the labor market. This is good news for the Federal Reserve as they no longer need to consider the labor market as a source of inflation.

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