How did the recent ADP private payrolls report perform against expectations?
U.S. Weekly Jobless Claims Decrease by 4,000 to 294K
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Business, Life Skills
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The video discusses economic expectations, highlighting that current data aligns with predictions. It covers the ADP payrolls report, which exceeded expectations, and anticipates the nonfarm payrolls report to show a gain of 240,000 jobs for December. Additionally, it forecasts a drop in the US unemployment rate to 5.7% and notes 294,000 jobless applications last week.
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What is the expected unemployment rate in the US?
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