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ADP's Four-Week U.S. Private Hiring Average Falls to 18,500 Through Oct. 3

ADP's Four-Week U.S. Private Hiring Average Falls to 18,500 Through Oct. 3

Photo: TokenPost

ADP's preliminary estimate put U.S. private-sector hiring at an average of 18,500 jobs a week over the four weeks ended Oct. 3, down from the prior reading and pointing to slower hiring. The Oct. 20 reading compares with a revised 26,000 jobs a week for the four weeks ended Sept. 26. That figure was first published at 24,750 on Oct. 13. The revision raised the baseline for comparing the two periods. The latest estimate is 7,500 jobs a week below the revised Sept. 26 figure. Both readings are seasonally adjusted four-week moving averages, so the Oct.

Source: TokenPost

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