US Average Weekly Prelim Estimate ADP (4-week, w/e 20th Dec) +11.75k (Prev. +11.5k, Rev. +11k)

The latest ADP estimate of average weekly earnings shows a slight increase, moving to +11.75k from a revised +11k previously.

Newsquawk StaffPublished On the live feed at 12 more headlines followed before this page went public
Newsquawk headlinesUTC

US Inflation Rate YoY (Dec) Y/Y 2.7% vs. Exp. 2.7% (Prev. 2.7%)

JPMorgan (JPM) CFO says loss of Fed independence often leads to steeper yield curves and damages economic dynamism

US Average Weekly Prelim Estimate ADP (4-week, w/e 20th Dec) +11.75k (Prev. +11.5k, Rev. +11k)

US ADP Employment Change Weekly 11.75K (Prev. 11.5K )

JPMorgan (JPM) CEO Dimon reiterates that he has great respect for Fed Chair Powell, adding that he believe in Fed's independence

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This modest uptick can suggest continuing resilience in the labor market, although the change is relatively small and may not indicate a significant trend shift. Traders should consider how this aligns with broader employment data and potential implications for monetary policy going forward.

Related headlines

The whole workspace, free to try.

Try it free