Fiper | ADP Non-Farm Employment Change

Specifies the change in the level of those hired over the past month, excluding those hired in the agricultural sector
This indicator is published two days before the publication of the ADP employment report on the official office of human resources statistics, which provides solutions in the field of employment for companies.
Private companies in the United States unexpectedly created 239,000 jobs in October of 2022, the most in three months, and compared to market expectations of 195,000. Employment was not widespread as the service delivery sector created 247k jobs, led by leisure/hospitality (210k) and trade/transportation/utilities (84k). On the other hand, jobs were lost in the media (-17 thousand); professional / commercial (-14 K); financial activities (-10k); Education / Health (-5k). Also, the goods sector lost 8 thousand jobs, mainly due to manufacturing (-20 thousand). "Commodity producers, who are sensitive to interest rates, are falling, and job changers are driving smaller wage gains. And while we're seeing early signs of Fed-driven demand destruction, it's only affecting certain segments of the labor market," Neila said. Richardson, chief economist at ADP. Meanwhile, annual wage growth remained roughly the same for starters (7.7%) and slowed slightly for job changers (15.2%).

Outlook for today's statement and how it will affect the currency

The forecast for today's statement is 196K
In the event that the data was issued in numbers higher than expectations, this positively affects the currency and vice versa