Employment Report News

"ADP Report: Private Sector Employment Grows by 107,000 Jobs in January, Annual Pay Up 5.2%"

The ADP National Employment Report for January reveals a 107,000 increase in private sector employment and a 5.2% rise in annual pay year-over-year. The report, based on anonymized payroll data of over 25 million U.S. employees, also indicates a hiring slowdown and easing pressure on wages. The findings suggest a positive economic outlook despite the hiring slowdown, with wages adjusted for inflation showing improvement over the past six months.