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Nonfarm Payrolls Exceed Expectations, Largest Increase Since March
Summary: According to reports from FXStreet, the US ADP nonfarm payrolls increased by 104,000 in July, marking the largest increase since March, surpassing market expectations of a 75,000 increase. ADP Chief Economist Nela Richardson stated that our hiring and wage data generally indicate a healthy economy. Employers are increasingly optimistic that consumers, as the backbone of ...
According to reports from FXStreet, the US ADP nonfarm payrolls increased by 104,000 in July, marking the largest increase since March, surpassing market expectations of a 75,000 increase.
ADP Chief Economist Nela Richardson stated that our hiring and wage data generally indicate a healthy economy. Employers are increasingly optimistic that consumers, as the backbone of the economy, will remain resilient.
