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New data from payroll firm ADP shows that private-sector employers cut 32,000 jobs in November, driven largely by firms with fewer than 50 employees.
Automatic Data Processing, Inc. (ADP) is an American provider of human resources management software and services, headquartered in Roseland, New Jersey.
Private employers in the United States shed 32,000 jobs in November, payroll processor ADP said Wednesday.
When economists say hiring has "stalled," they mean employers have basically stopped expanding their workforce. The September ADP report showed an actual contraction — a loss of 32,000 private ...
On Oct. 1, the ADP National Employment Report, a measure of private employment in the U.S., said payrolls at private employers declined by 32,000 jobs in September.
According to payroll processor ADP, private employers added 42,000 jobs in October, the first monthly gain since July, but still a fraction of what investors saw earlier this year.