Private payrolls increased by 103,000 in November, below expectations, ADP says

Private Employers Add 103,000 Jobs in November

Private sector employers reported modest hiring growth in November. The U.S. economy added 103,000 private-sector jobs in November compared with 106,000 in October, suggesting private employers saw reduced hiring needs during the month, according to the latest ADP National Employment Report released Wednesday. November brought “moderate growth in hiring” and another “slowdown in pay gain,” the report states. “Both goods and services saw weakness…

Private Employers Hire 103,000 New Workers in November; Pay Growth Decelerates - The Ohio Star

by Seth Sandronsky   U.S. private-sector employers added 103,000 new hires in November versus 106,000 workers in October, according to Nov.’s ADP® National Employment Report, a collaboration with the Stanford Digital Economy Lab. Consider what is occurring in a slice of service sector employment. “Restaurants and hotels were the biggest job creators during the post-pandemic recovery,” said Nela Richardson, ADP’s chief economist, said in a statem…

US private payrolls miss expectations in November

WASHINGTON – U.S. private payrolls increased less than expected in November as the labor market gradually cools. Private payrolls rose by 103,000 jobs last month, the ADP National Employment Report showed on Wednesday. Data for October was revised lower to show 106,000 jobs added instead of 113,000 as previously reported. Economists polled by Reuters had forecast private payrolls rising 130,000. The ADP report, jointly developed

Private employers hire 103,000 new workers in November; pay growth decelerates

(The Center Square) – U.S. private-sector employers added 103,000 new hires in November versus 106,000 workers in October, according to Nov.’s ADP® National Employment Report, a collaboration with the Stanford

Private payroll growth misses expectations

Private sector employment growth in November fell short of economists’ expectations, according to a new report.  The U.S. added 103,000 jobs in the private sector last month, according to payroll firm ADP. This number missed Wall Street economists’ expectations for November, where they predicted an increase of 128,000 jobs. ADP said both the goods and services sectors…

US private sector job growth slows in November

Hiring in the US private sector eased in November, as the post-pandemic boom in restaurant and hotel employment moderated, payroll firm ADP said Wednesday.