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Dec '24 •
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22d •
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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Aug 1 •
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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Jun 6 •
U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%
Key Points - Nonfarm payrolls rose 139,000 for the month, above the Dow Jones estimate for 125,000 and a bit below the downwardly revised 147,000 in April. The unemployment rate held at 4.2%. - Worker pay grew more than expected, with average hourly earnings up 0.4% during the month and 3.9% from a year ago. - Nearly half the job growth came from health care, which added 62,000. Leisure and hospitality contributed 48,000, while social assistance added 16,000. https://www.cnbc.com/2025/06/06/jobs-report-may-2025.html
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Jun 4 •
Private sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says
Key Points - Private payrolls increased just 37,000 In May, below the 60,000 in April and the Dow Jones forecast for 110,000. It was the lowest monthly job total from the ADP count since March 2023. - Regarding wages, annual pay grew at a 4.5% rate for those remaining in their positions and 7% for job changers, both little changed from April. https://www.cnbc.com/2025/06/04/adp-jobs-report-may-2025-.html
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