From CNBC, October 30:
- ADP said private companies hired 233,000 new workers in the month, better than the upwardly revised 159,000 in September and far ahead of the Dow Jones estimate for 113,000.
- It was the best month for job creation since July 2023.
- The numbers counter expectations for a slowdown in October on the heels of two brutal hurricanes and strikes at Boeing and ports on the Eastern seaboard.
....MUCH MORE
And:
U.S. economy grew at a 2.8% pace in the third quarter, less than expected
