​October Surprise: ADP Employment Report Signals Six-Sigma Beat (A Week Before Elections) – Tyler Durden

October Surprise: ADP Employment Report Signals Six-Sigma Beat (A Week Before Elections) With the election right around the corner, we simply can’t imagine a ‘bad’ employment print… and sure enough… ADP’s Employment Report shows the addition of 233k jobs in October (more than double the 111k addition expected) and September was revised higher… Source: Bloomberg That is the biggest monthly addition since July 2023… and a six sigma beat of expectations… Source: Bloomberg Service-providing jobs surged at their fastest pace since July 2023 while goods-producing job growth slowed… Source: Bloomberg “Even amid hurricane recovery, job growth was strong in October.…  — Continue at ZeroHedge News : Read More