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ADP Employment Reports Shows Better Than Expected Job Gains, Accelerating Wages
ADP Employment Reports Shows Better Than Expected Job Gains, Accelerating Wages
Hiring and pay gains both held steady in March.
The ADP National Employment report printed a better than expected +62k jobs added in March (+40k exp) and modestly down from an upwardly revised 66k in February.
That is the ninth straight month of job gains.
Source: Bloomberg
The smallest employers drove job growth for a second month, while hiring in trade, transportation, and utilities continued to decline.
"Overall hiring is steady, but job growth continues to favor certain industries, including health care. In March,...
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Major Trade Group Releases Framework For Tokenized Gold
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Authored by Martin Young via CoinTelegraph.com,
The major gold trade association, World Gold Council, and the Boston Consulting Group have proposed a new platform to modernize how the precious metal operates in digital financial systems.
The World Gold Council said on Thursday that it published a white paper on “Gold as a Service,” a new platform to “support the issuance and operation of scalable, interoperable digital gold products.”
The open platform would connect the physical custody of gold with the digital systems used to issue and manage...
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