Private sector lost 32,000 jobs in September, ADP says
1. Private sector lost 32,000 jobs, below 50,000 gain estimate. 2. Large businesses added 33,000 jobs, smaller businesses lost 60,000. 3. Wage growth slowed, affecting overall consumer spending power. 4. Partial government shutdown halts economic data, impacting assessments. 5. Federal Reserve may consider alternative data sources for decisions.