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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.
Private Sector Job Growth Surges In October, Adp Says. The education and health services sector added 50,000 positions, leading job creation in November. Construction added 30,000 jobs; trade ...
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.
U.S. private employers hired the fewest number of workers in 3-1/2-years in August and data for the prior month was revised lower, potentially hinting at a sharp labor market slowdown. Private ...
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.
ADP's National Employment Report for August showed 99,000 jobs were added in the month, well below economists estimates for 145,000 and fewer than the 122,000 jobs added in July. The August data ...
The U.S. economy added 272,000 jobs in May, bringing good news for workers but potentially complicating the Federal Reserve's ongoing crusade against inflation.
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