Eyes on employment data as US shutdown lengthens, NZ rate to hold
Investors seeking any data points they can find in absence of official US government numbers.
Employment rate is a key factor in defining monetary policy in both the US and NZ.
Nasdaq-listed human resources company ADP has decided to release its United States payroll data on a weekly cadence, filling a gap left by the ongoing US Government shutdown that means official employment figures are not being published.
ADP typically publishes data monthly but began weekly
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