The American private sector added about 455,000 jobs in March, according to the figures released a few moments ago by the ADP, after adding about 486,000 jobs in the revised February reading to match the expectations of markets and analysts.
In details, the commodity production sector added about 79 thousand jobs, while the manufacturing sector added about 54 thousand jobs, and the construction sector added 15 thousand jobs, while the services sector, which includes the trade, transport, utilities, activities and information sectors, added about 377 thousand jobs.
On the other hand, the gross domestic product declined at an annual rate to 6.9% in the fourth and last quarter of last year, compared to 7% in the second estimate.
The US dollar continues to decline and is trading at 97.95 levels, while the British pound is trading at 1.3160 levels.
05/11/2024
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