ADP October private employment to be released at 10:15 PM on the 4th... expected around 70,000
Original headlineADP 10월 민간고용 4일 밤 10시 15분 발표…예상 7만 개 안팎
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ADP will release its October private payrolls report on November 4 at 10:15 p.m. Korean time (8:15 a.m. ET), a month after September private jobs rose by 90,000. August hiring had slowed to just 38,000, the weakest pace in seven months, before September's rebound. Market expectations point to October job growth of around 70,000, according to Mavisbit. The report matters because it is a key input for the Federal Reserve's December rate decision. Investors will watch whether the data confirms a cooling labor market that could shape the Fed's policy path.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
ADP, Federal Reserve