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Data Raises Some Concerns About Monthly Employment Report

posted by Avatar wiredprg 1718 days ago in Fundamental

A slew of data related to the labor market has been released on Thursday, with a pair of the reports raising some concerns about the strength of the August employment report due to be released by the Department of Labor on Friday. While a report from Automatic Data Processing, Inc. (ADP) showed a slightly bigger than expected decrease in private sector employment in the month of August, the Labor Department's weekly employment report showed an unexpected increase in jobless claims.
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