ADP employment reported an increase of 162k payrolls in the month of September, lower than last month’s revised figure of 189k.

The ADP has gotten into a habit of overshooting the payroll numbers that the BLS will report in its monthly employment situation report a day or two later. In August, the BLS only counted 96k new payroll jobs, compared to the 201k originally reported by ADP.

ADP Employment 650x433 ADP Employment Aims High Again, 162k Jobs Added In September

 

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