The job market continues to be red hot with ADP and Moody’s Analytics reporting that private payrolls increased by a better-than-expected 227,000 in October.
A survey of economists conducted by Refinitiv was expecting growth of 189,000 after September’s 218,000. The new numbers did better than that.
Wondering where the jobs are coming from? Check out the services sector. They added 189,000 positions.
Source: https://www.cnbc.com/2018/10/31/private-payrolls-gain-227k-in-oct-vs-189k-est-adpmoodys.html
