U.S. adds 230,000 private-sector jobs in September:Well above consensus for a reading of 179,000

[OneHungLo]

The numbers: Private-sector employment soared in September, as employers added 230,000 jobs, Automatic Data Processing Inc. reported Wednesday. This is the highest hiring rate since February. The gain was well above forecasts from economists polled by Econoday, who had expected on average an increase of 179,000. August’s gain was upwardly revised to show 168,000 growth instead of a previously estimated 163,000.

What happened: Details of ADP’s report showed that small firms added 56,000 jobs in September, medium-size businesses added 99,000 to large companies added 75,000.

What they are saying?: “This labor market is rip-roaring hot, and it is just going to get a lot hotter. The risk that this economy overheats is very high and this is just one more piece of evidence of that,” said Mark Zandi, chief economist of Moody’s Analytics, in an interview on CNBC.

Big picture: The labor market has been on fire this year, with job gains averaging 207,000 a month over the first 8 months of the year.

ADP doesn’t pick up any impact from Hurricane Florence because everyone who is on a payroll is counted, whether they worked or not.

Economists use ADP’s data to get a feeling for the Labor Department’s employment report, which will be released Friday and covers government jobs in addition to the private sector. The ADP gain is well above estimates of the government’s data according to economists polled by MarketWatch.

Economists polled by MarketWatch expect the Labor Department’s nonfarm payroll jobs rose 168,000 in September, down from 201,000 in the prior month. The unemployment rate is expected to slip to 3.8% from 3.9% in August. That would match the 18-year low hit in May.

https://www.marketwatch.com/story/us...adp-2018-10-03

[Bladewire]

From the hurricane you dipshit

[OneHungLo]

Originally Posted by Bladewire

From the hurricane you dipshit

"ADP doesn’t pick up any impact from Hurricane Florence because everyone who is on a payroll is counted, whether they worked or not."

The numbers Were NOT impacted by Hurricane Florence.

Why would Americans be upset by these numbers? Clearly your mad when good economic numbers come out. Why? You hate America and would be happy if people were unemployed? You're really sick man. Get help.

[Bladewire]

Originally Posted by OneHungLo

"ADP doesn’t pick up any impact from Hurricane Florence because everyone who is on a payroll is counted, whether they worked or not."

The numbers Were NOT impacted by Hurricane Florence.

I read your post before responding moron.

You're truly an idiot with no common sense that regurgitates anything he's fed.

Hurricane job openings

FEMA hiring thousands of temp-workers for disaster recovery

US weekly jobless claims rise more than expected

[dyna mo]

i suspect plenty of us are ramping up for a killer holiday selling season. ;-)

[HelmutKohl]

Welcome to Trump University, suckers!

[nico-t]

Originally Posted by OneHungLo

"ADP doesn’t pick up any impact from Hurricane Florence because everyone who is on a payroll is counted, whether they worked or not."

The numbers Were NOT impacted by Hurricane Florence.

Why would Americans be upset by these numbers? Clearly your mad when good economic numbers come out. Why? You hate America and would be happy if people were unemployed? You're really sick man. Get help.

Quoted for truth. He's unhinged again, the front page is polluted with anti Trump propaganda... it sucks the life out of this forum. Worst thing is the followers like cuckster and princess are negatively influenced by these threads, it triggers them into creating more anti Trump threads as well. Sometimes i open one, and it's one big cirkle jerk between the same old TDS patients you can count on one hand. Sad!

[pimpmaster9000]

eventually the MAGA will have to show itself...OP is reporting so much monumental shit, there is bound to be proof of MAGA that is obvious...not just rich shareholders getting rewarded with buybacks from loophole money, but actual MAGA...

for now I just see under performance...the yellow line begins at obamas presidency and is up until today...notice how trumps presidency results are under obamas...I was expecting MAGA to be over the line...but any day now...