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US private sector lost 32k jobs in November, Fed rate cut expectations

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US private sector lost 32k jobs in November, Fed rate cut expectations

According to new reporting from payroll processing firm ADP, companies in the private sector lost 32,000 jobs in November. However, despite widespread job losses in November, the education and health services sector gained 33,000 positions in the month. ADP chief economist Nela Richardson recently said, "Hiring has been choppy of late as ...

28.8K views1 week ago

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