February saw just 77,000 jobs added, far below the 146,000 forecast, marking the smallest gain since July amid policy uncertainty.
March ADP
2/4/2025 (Wed)
Previous (Feb): 77k Forecast: 105k
Employers added a meager 77,000 jobs in February, much lower than 146,000, as companies pulled back as uncertainty about President Trump's economic policies grip the economy.
It marked the smallest gain since July and the weakness was broad-based. It was also a sharp reversal from the upwardly revised 186,000 jobs added in January.
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Trump's policies led to US stock outflows, and the dollar's decline widened the asset gap. Emerging markets may attract capital inflows.
2025-04-30Inflation did not slow down in February, with core PCE up 2.8% year-on-year. Goods prices rose 0.2%, led by entertainment goods and automobile prices.
2025-04-30Private sector added 155,000 jobs in March, with wages up 4.6%, easing concerns about a labor market and economic slowdown.
2025-04-30