ADP Reports Solid Job Growth

The government shut down has left us in the dark when it comes to employment. Job growth is not as bad as feared.

PRE-OPEN MARKET COMMENTS TUESDAY - The big overnight report was a preliminary reading from ADP. They process paychecks for small and medium sized businesses and they reported that 55K jobs were created in the private sector during the last month. That is a huge improvement from the -32K they reported the previous month. They will officially release their report next Wednesday.

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