BREAKING NEWS: Private sector payroll growth slows in November
Private sector payrolls grew by 179,000 in November, missing Wall Street’s estimate of 195,000, according to ADP and Moody’s Analytics. The worse-than-expected data can be attributed to a very tight labor market, while Moody’s Chief Economist Mark Zandi said, “Job growth is strong, but has likely peaked.”
16,000 less jobs than anticipated. Personally, I don't think that is a big deal. Let's see what the markets think.
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