Steve Burns: Private sector jobs rise by 90,000 in September

Steve Burns: Private sector jobs rise by 90,000 in September
Private sector jobs rise in September

Steve Burns, founder at New Trader University, notes that private sector jobs increased by 90,000 in September, according to ADP data reported by CNBC. He adds that the stronger-than-expected job gains may signal more interest rate hikes from the U.S. Federal Reserve.

Earlier this year, Burns highlighted risk management principles ahead of a U.S. interest rate decision. He has also noted differences in financial knowledge, referencing financial books more frequently read by upper-class individuals than the working class. These topics contribute to his ongoing commentary on market and economic developments.

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