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Market Impact: 0.25
Private sector added 38,000 jobs in August, below expectations, ADP says
Source: foxbusiness.com
Economic DataMonetary Policy
Wednesday’s jobs figure came in below expectations, rising by less than the 48,000 economists forecast. The prior month was revised up to 46,000, partially offsetting the miss, but the new data still suggests weaker momentum than the market expected.
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mildly negative
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