ADP Employment Report Shows 179K New Jobs Added in US Private Sector on Nostr: US Nonfarm Payrolls Expected to Grow by 185K in May Amid Signs of Cooling Labor ...

US Nonfarm Payrolls Expected to Grow by 185K in May Amid Signs of Cooling Labor Market
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#f15ab276 ver:0.17

US Nonfarm Payrolls expected to grow by 185K in May, showing signs of a cooling labor market. ADP data exceeded expectations, indicating stability in the US economy. A strong NFP reading would give the Federal Reserve leverage in monetary policy decisions. GBP/USD pair remains downside, but a reverse head and shoulder pattern could lead to higher moves. ADP report showed the US private sector added 192K jobs in April, with an accelerated pace of hiring. NFP report due Friday, expected to show job gains moderating from prior month. Unemployment rate forecasted to remain unchanged at 3.8%. #USjobs #economy #monetarypolicy...

#newstr #UsJobMarket #NonfarmPayroll #LaborMarket #UsDollar

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