• ADP: +22k private jobs (weak hiring)
• Jobless claims: 231k, 4-wk avg 212k (layoffs ⬆️)
• Job postings: ~12% above pre-pandemic (flat demand)
• Wage growth: ~3.7% (cooling)
• Delinquencies: 4.8% overall, student loans ~9.6% (⬆️ strain) #economy
• ADP: +22k private jobs (weak hiring)
• Jobless claims: 231k, 4-wk avg 212k (layoffs ⬆️)
• Job postings: ~12% above pre-pandemic (flat demand)
• Wage growth: ~3.7% (cooling)
• Delinquencies: 4.8% overall, student loans ~9.6% (⬆️ strain) #economy