US stocks edged up on Wednesday as a surprise decline in private-sector employment revealed cracks in the job market, but also reinforced bets on a Fed rate cut next week. The ADP report looked to add ...
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 ...
Privately run businesses eliminated jobs in November for the third time in four months, pointing to a broad slowdown in hiring that threatens to nudge unemployment higher and chip away at the economy.
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 ...
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.
U.S. ISM surveys on manufacturing and services activity, plus the latest ADP private payrolls, will be watched closely for confirmation that the Federal Reserve could cut interest rates at its next ...
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