ADP Weekly Job Growth Estimate Pulls Back
Preliminary weekly hiring report from ADP for the four weeks ending October 3rd fell for the first time since mid-August to +74k (+18.5k/wk), but only after upward revisions to the prior two weeks took the prior week to the highest since early June.
That takes the 4-week moving average to +80.7k, a seventh week of gains and the best since July 11th.
