ADP employment data incoming! US private sector expected to remain stable in November, labor market resilience may deepen internal divisions within the Federal Reserve.

Wisdom Financial APP learned that as key economic data is delayed due to government shutdown, the market is closely watching the ADP private sector employment report for November, which is scheduled to be released on Wednesday. This monthly data, which is not considered core, is now playing an unusually important role before the Federal Reserves meeting next week. Economists have significantly different forecasts for November's job growth: FactSet surveys predict an increase of 40,000 in the private sector, but the media consensus expects an increase of only 5,000, reflecting the continuing mixed signals in the labor market.