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November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports
Key Points - The U.S. labor market slowdown intensified in November as private companies cut 32,000 workers, with small businesses hit the hardest, payrolls processing firm ADP reported Wednesday. - Larger businesses, entailing companies with 50 or more employees, actually reported a net gain of 90,000 workers. However, establishments with fewer than 50 saw a decline of 120,000. - The ADP report is the last monthly jobs picture the Federal Reserve gets before it meets Dec. 9-10.
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Delayed September report shows U.S. economy added 119,000 jobs, more than expected; unemployment rate at 4.4%
The U.S. economy added substantially more jobs than expected in September, according to a long-awaited report Thursday from the Bureau of Labor Statistics. Nonfarm payrolls increased by 119,000 in the month, up from the 4,000 jobs lost in August following a downward revision. The Dow Jones consensus estimate for September was 50,000. The July total also was revised down to 72,000, a decrease of 7,000 from the prior release. In addition to the headline jobs number, the BLS said the unemployment rate edged higher to 4.4%, the highest it’s been since October 2021. A broader measure that includes those not looking for jobs or working part-time for economic reasons edged lower to 8%. Average hourly earnings increased 0.2% for the month and 3.8% from a year ago, compared to respective forecasts for 0.3% and 3.7%. The report ends a data drought on the labor market that began in early September and continued through the record 44-day government shutdown. Agencies including the BLS, the Bureau of Economic Analysis and others were prohibited from collecting or releasing data during the period. This was the first BLS jobs report since the count for August that was released Sept. 5. Overall, the report shows the labor market entered the autumn months on much the same footing it has been all year – a slow but steady pace, with firms reluctant both to hire many new workers or lay off existing workforce during a time of unusual economic volatility spurred by aggressive policy actions in President Donald Trump’s White House. A separate Labor Department release Thursday showed that initial jobless claims totaled 220,000 for the week ending Nov. 15, down 8,000 from the prior period and lower than the consensus forecast for 227,000. Job gains in September came from familiar sources, with health care leading at 43,000, about right on target with its pace over the past year. Bars and restaurants contributed 37,000 while social assistance added 14,000.
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Job openings in October slumped to the lowest level since February 2021, Indeed measure shows
https://www.cnbc.com/2025/11/04/job-openings-in-october-slumped-to-the-lowest-level-since-early-february-indeed-measure-shows.html Key Points - Employment opportunities hit their lowest level in more than 4½ years as October came to a close and the government shutdown dragged on, according to data from jobs site Indeed. - Indeed’s dashboard of indicators also has shown a decline in salary offerings as job advertisements have declined.
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Labor market growth slows dramatically in August with U.S. adding just 54,000 jobs, ADP says
Key Points - U.S. private sector hiring rose less than expected in August and significantly cooled from the prior month, according to the ADP. - Private payrolls increased by just 54,000 in August, well short of the 75,000 estimate from economists polled by Dow Jones and down from the revised gain of 106,000 jobs added in July. - Thursday’s release adds to an already concerning picture of the labor market. https://www.cnbc.com/2025/09/04/adp-jpb-data-august-2025.html
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U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower
Nonfarm payroll growth was slower than expected in July and the unemployment rate ticked higher, raising potential trouble signs for the U.S. labor market. Job growth totaled 73,000 for the month, above the June total of 14,000 but below even the meager Dow Jones estimate for a gain of 100,000. June and May totals were revised sharply lower, down by a combined 258,000 from previously announced levels. At the same time, the unemployment rate rose to 4.2%, in line with the forecast. The June total came down from the previously stated 147,000, while the May count fell to just 19,000, revised down by 125,000. https://www.cnbc.com/2025/08/01/jobs-report-july-2025.html
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