Thu, 05 Sep 2024 13:02:06 GMT
Non-Farm Employment lower than forecasted
At 12:15 GMT, Automatic Data Processing, Inc. reported monthly changes in employment, excluding farming industry. Current macroeconomic data suggests, that employee hiring process in having a slowdown.
Forecasted number was 144 thousand, actual number came in lower-at 99 thousand. Non-Farm Employment change has an important role as a leading indicator for the US economy, consumer spending in the economy is