Job growth in the private sector slid last month, which will likely bolster support for another interest-rate cut at the Federal Reserve’s policy meeting next week.
The ADP employment report revealed that 32,000 nonfarm private jobs were lost in November. The six-month moving average has been slowing for nine straight months and currently sits at 11,000, its ...
Private-sector employers in the U.S. cut 32,000 jobs in November, payroll firm ADP said Wednesday, a surprise drop that could firm up expectations of an interest rate cut next week. Forecasts had ...
US companies shed payrolls in November by the most since early 2023, adding to concerns about a more pronounced weakening in the labor market. Private-sector payrolls decreased by 32,000, according to ...
Private employers in the United States shed 32,000 jobs in November, payroll processor ADP said Wednesday. Economists surveyed by Dow Jones had been expecting to see an increase of 40,000. ADP chief ...
Data from ADP, a payroll processor, is getting added attention because of delays in official statistics caused by the government shutdown. By Ben Casselman When the flow of official data ran dry ...
Small businesses are starting to crack amid a weakening economy, rising costs and fickle consumers; and they drove job losses in the US private sector in November, payroll giant ADP reported Wednesday ...
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WASHINGTON, Nov 11 (Reuters) - U.S. firms were shedding more than 11,000 jobs a week through late October, payroll processor ADP said on Tuesday in its latest real-time estimate of job market trends.
The U.S. shed an average of 11,250 private-sector jobs a week in the four weeks ended Oct. 25, ADP said. The payroll processor said the data suggested “the labor market struggled to produce jobs ...
The ongoing shutdown of major pieces of the federal government has meant missed paychecks for federal workers, no new loans from the Small Business Administration, no giant panda cam from the National ...
Private-sector job creation bounced back in October, according to a snapshot of the labor market that has become more closely watched in the absence of official federal jobs data. Payroll processing ...
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