ADP, the company behind the private non-farm payroll report, is releasing a new quarterly report about the vitality of the US job market. For the third quarter, the picture looks quite bright, as this infographic shows. Growth is clear to see in all regions, with the South and the West leading forward. Wage growth was 0.76% q/q for those staying in the same job, and 5.32% for those switching jobs. The data look significantly better than the official numbers. Is wage inflation just around the corner? Will rate hikes come sooner than later? ADP Workforce Vitality Index Q3 2014 – Click to enlarge Another interesting quote from the report: At the national level, the hourly wage of job holders in the lowest wage tier (below $20K) grew the slowest in the third quarter 2014, while the higher wage tier ($20K to $50K) grew the fastest. Employment growth and Hours Worked are strongest in the lowest wage tier, contributing to the fastest Index growth among all wage tiers in the third quarter. Thanks to Ryan from Forex Live for bringing this to attention. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next EUR/USD: Eyes Further Upside On Recovery FX Tech Strategy 7 years ADP, the company behind the private non-farm payroll report, is releasing a new quarterly report about the vitality of the US job market. For the third quarter, the picture looks quite bright, as this infographic shows. Growth is clear to see in all regions, with the South and the West leading forward. Wage growth was 0.76% q/q for those staying in the same job, and 5.32% for those switching jobs. The data look significantly better than the official numbers. Is wage inflation just around the corner? Will rate hikes come sooner than later? [caption id="attachment_54842" align="alignnone" width="630"] ADP Workforce Vitality… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
