Investing.com - U.S. non-farm private employment rose less-than-expected in September, fuelling concerns over the U.S. labor market, industry data showed on Wednesday.
In a report, payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 166,000 in September, below expectations for an increase of 180,000.
The previous month’s figure was revised down to a gain of 159,000 from a previously reported increase of 176,000.
Following the release of the data, the U.S. dollar trimmed gains against the euro, with EUR/USD shedding 0.04% to trade at 1.3521.
Meanwhile, U.S. stock index futures remained lower. The Dow Jones Industrial Average futures indicated a loss of 0.4% at the open, S&P 500 futures pointed to a decline of 0.6%, while the Nasdaq 100 futures indicated a drop of 0.4%.
In a report, payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 166,000 in September, below expectations for an increase of 180,000.
The previous month’s figure was revised down to a gain of 159,000 from a previously reported increase of 176,000.
Following the release of the data, the U.S. dollar trimmed gains against the euro, with EUR/USD shedding 0.04% to trade at 1.3521.
Meanwhile, U.S. stock index futures remained lower. The Dow Jones Industrial Average futures indicated a loss of 0.4% at the open, S&P 500 futures pointed to a decline of 0.6%, while the Nasdaq 100 futures indicated a drop of 0.4%.