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There is a 'tepid' recovery in the US jobs market, says ADP's Richardson
2:27
YouTubeBloomberg Television
There is a 'tepid' recovery in the US jobs market, says ADP's Richardson
Nela Richardson, ADP chief economist and ESG officer and Bloomberg Contributor, says there has been a "tepid" recovery in the US jobs market. Challenger, Gray & Christmas Inc. says companies announced 153,704 job cuts last month. Richardson says transportation, utility and health care companies are hiring. She speaks on "Bloomberg Surveillance ...
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Payroll growth at private companies turned slightly stronger than expected in October, providing some hope that the labor market isn’t in danger of sinking, ADP reported Wednesday. Companies added 42,000 jobs for the month, following a decline of 29,000 in September and topping the Dow Jones consensus estimate for a gain of 22,000. Read more: cnb.cx/4oRE88G | CNBC
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