Tepid January Hiring Signals a Slow Start for 2026

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Source: CNBC
Tepid January Hiring Signals a Slow Start for 2026
Photo: CNBC
TL;DR Summary

ADP data show January private payrolls up just 22,000, well below forecasts of ~45,000 and December's revised 37,000; gains were led by a 74,000 increase in education and health services, with other sectors mostly flat or shrinking and wage growth about 4.5% for retained workers. The closely watched BLS nonfarm payrolls release is delayed by a partial government shutdown.

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