During the month of August, the change in U.S. nonfarm private employment was a gain of 176k, ADP reports. This is lower than July’s revised reading of 198k, and is the slowest growth of the last 3 months.
The U.S. Bureau of Labor Statistics will report its nonfarm payroll numbers along with much more in its employment situation report that will be released on Friday.
Canyon Profits On Covid Crisis Refinancings
Canyon Partners' Canyon Balanced Funds returned -0.91% in October, net of fees and expenses, bringing the year-to-date return to -13.01%. However, according to a copy of the firm's investor correspondence, which ValueWalk has been able to review, the fund quickly bounced back in November, adding 7.3% for the month. Net of fees, the letter reported, Read More
The change in total nonfarm private employment by company size is below. Note that only businesses with less than 20 employees are at an employment level higher than they were in 2008.
The change in total nonfarm private employment by industry:
The full infographic: