Published on: 2026-01-07
December ADP
7/1/2026 (Wed)
Previous: -32k Forecast: 45k
The US labour market slowdown intensified in November as private companies cut 32,000 workers, with small businesses hit the hardest, ADP reported. Meanwhile, the rate of pay slowed to 4.4% year-over-year.
Although the ADP figures are not viewed as particularly predictive of overall job growth, they are closely watched as official data is incomplete due to the 43-day federal government shutdown that ended in November.

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