October ADP employment

  • Prior was 230K

  • Goods producing +38K

  • Service providing +189K

Yet another strong jobs report. There's no doubt that it's not a tough time to find a job in the US but whether or not it's possible to get a raise is what the market's concerned about. With that in mind, the Q3 employment cost index is due at the bottom of the hour.

As for this report, there's talk that the hurricane in October skewed it higher.