The American private sector added 568,000 jobs in September, compared to 374 thousand jobs in August, according to the report issued moments before the ADP, exceeding market expectations, which indicated the addition of about 425,000 jobs.
In the details of the index, the commodities sector added 102 thousand jobs, while the construction sector added 46 thousand jobs, the mining sector added about 7 thousand jobs, manufacturing 49,000 jobs, trade, transport and utilities 54,000 jobs.
These numbers support the positive data of the US labor market and the Non-Farm Employment NFP, which will be released at the end of the week on Friday, and therefore it will definitely confirm the US Federal Reserve’s announcement to reduce its purchases of bonds at the meeting of the third of next November.
The US dollar continues to rise and is trading at 94.32 levels before the opening of the American markets, while the euro recorded a new low for the session at 1.1540.
06/11/2024
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