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29th Nov 2022 15:00U.S., Daily Monitor

 ADP’s employment measure is unreliable; we will be sticking to our 250K payroll forecast.

Job openings are trending downwards but not collapsing; wage growth is slowing more quickly.

The October trade deficit likely fell slightly, but the big correction in imports is over.

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deficit employment growth imports job openings October payroll trade trade deficit wage growth

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Keywords for: 30 Nov 2022 US Monitor

deficit, employment, growth, imports, job openings, October, payroll, trade, trade deficit, wage growth, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence