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The ADP numbers showed surprising strength in private payrolls, but lower wage gains for job switchers — a key labor market thermometer that dogged the inflationary 2021 and 2022 years.
WASHINGTON (Reuters) - U.S. private payrolls increased at a moderate pace in November, while annual wages for workers staying in their jobs edged up for the first time in 25 months. The ADP ...
The number of people who applied for first-time unemployment benefits fell by 12,000 to 216,000 for the week ending October 26, according to Department of Labor data released Thursday morning.
In 2007, the ADP Brokerage Service Group was spun off to form Broadridge Financial Solutions, Inc., removing about US$2 billion from ADP's total yearly revenue. [11] ADP distributed one share of Broadridge common stock for every four shares of ADP common stock held by shareholders of record as of the close of business on March 23, 2007.
New data from ADP released Thursday showed the private sector added its fewest jobs in a month since January 2021, signaling a cooling labor market. ... This marked the lowest number of job ...
Companies in the private sector added 146,000 jobs in November, payroll processing firm ADP said on Wednesday. The figure is below economists’ estimates of 150,000 jobs and much lower than the ...
Just earlier this week, ADP's closely watched print on private payrolls registered as a sharp disappointment, with only 330,000 jobs coming back versus the nearly 700,000 expected.
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