ADP Says US Payrolls in Nov. Fell by 32,000

Right now, ADP employment data just crossing and it is not a positive read on the US economy. It was expected to come in with 10,000 jobs being created. Right now we're seeing a decline of 32,000 jobs.Last week was revised upwards, so we saw 47,000 jobs created versus the 42,000 initially reported. This is the 83 employment change. And this doesn't always cohere with what we see from non-farm payrolls.However, in the absence of non-farm payrolls and in the consistency of this series, this has increasing wei ...