Private payrolls rose 239,000 in October, better than expected, while wages increased 7.7%, ADP says

[maxrandb]

Wonder if the. MSM will hammer this 24/7 with the same intensity they do inflation?

[link:https://www.cnbc.com/2022/11/02/adp-jobs-report-october-2022.html|

KEY POINTS

- Companies added 239,000 positions in October, ahead of the Dow Jones estimate of 195,000 and up slightly from the previous month, ADP reported Wednesday.

- Most of the gains came from the leisure and hospitality industry, which added 210,000 positions while wages rose 11.2% for the sector.

-Wages overall rose 7.7% from a year ago, down just slightly from the September pace.
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But, the economy is bad, so vote Retrumplican 'Murika! Sure, they have said nothing and provided no policies that would decrease inflation, but at least they are great at identifying it and blaming others.

This country is truly fucked.

[mahatmakanejeeves]

1. It got coverage yesterday, when the report came out.

The ADP report never gets the level of coverage that the BLS report gets, though.

Wed Nov 2, 2022, 09:44 AM: Private payrolls rose 239,000 in October, better than expected, while wages increased 7.7%, ADP says

https://news.google.com/search?for=adp+employment+report

JOBS • Published November 2, 2022 8:17am EDT

US companies added 239,000 jobs in October, better than expected: ADP

Economists expected private payrolls to grow by 195,000 in October

By Megan Henney | FOXBusiness

{snip}

[ProudMNDemocrat]

2. Republicans will say..."The Economy is BAD! Believe US!"

Any month that adds jobs back to the Economy and lowers the UE rate is BAD according to Republicans.

The facts are there and they DO NOT deal with facts.

[at140]

3. My grocery store has help wanted sign $16 to start

like for ever. And I see new workers everytime I visit the store.
Definitely shortage of low skilled workers.