MNI BRIEF: ADP Jobs Losses Strengthen Case For Fed Cut

Dec-03 13:29By: Pedro Nicolaci da Costa
ADP Report+ 2

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U.S. private employers cut 32,000 jobs in November, well below expectations for a gain of just 10K, according to new data from ADP Wednesday that bolsters the prospect of another Federal Reserve interest rate cut next week. Hiring was especially sof...