The US private sector lost an average of approximately 13,500 jobs per week over the four weeks ended Nov. 11, according to the ADP National Employment Report released today, Nov. 25.
The data came amid the ongoing impact of the US government shutdown on the release of official figures, making alternative indicators such as ADP’s report a partial reflection of the US labor market.
The US nonfarm payroll report for November is scheduled for release on Dec. 16, which will include October’s data — following the Federal Reserve meeting set for Dec. 9–10.
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