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Adp

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ADP January payrolls show a tepid 22,000 private-sector gain
economy23 days ago

ADP January payrolls show a tepid 22,000 private-sector gain

ADP's January private-sector payrolls rose just 22,000, far behind economists' 45,000 forecast and December's revised 37,000. Gains were led entirely by education and health services (+74,000), while other sectors weakened—professional and business services shed 57,000 and manufacturing fell 8,000. Wage growth remains solid (4.5% for stayers; 6.4% for job-changers). With the government shutdown delaying the official January jobs report, data for January will be released on February 11, with CPI due February 13, highlighting a cooling labor market despite resilient wages.

Dow Jones Edges Higher as ADP Hiring Slows, Led by Education & Healthcare
market-news23 days ago

Dow Jones Edges Higher as ADP Hiring Slows, Led by Education & Healthcare

Dow Jones futures tick up after ADP’s January payrolls show a 22,000 gain (far below the 45,000 consensus), continuing a multi-year slowdown in private hiring even as wage growth remains firm; 2025 private payrolls total 398,000 (vs. 771,000 in 2024). Hiring was led by education and healthcare (74,000), while manufacturing payrolls fell by 8,000; mid-sized firms added 47,000, small businesses were flat, and large payrolls declined by 18,000.

Tepid January Hiring Signals a Slow Start for 2026
economy23 days ago

Tepid January Hiring Signals a Slow Start for 2026

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.

US Private Sector Jobs Increase by 42,000 in October, Surpassing Expectations
business3 months ago

US Private Sector Jobs Increase by 42,000 in October, Surpassing Expectations

In October, private companies in the U.S. added only 42,000 jobs, indicating continued labor market tightness amid a government shutdown that has delayed official employment data. The ADP report shows modest job growth, with notable declines in leisure and hospitality, and highlights concerns about small business employment and consumer resilience. Major companies are also reducing jobs, and the lack of official data complicates economic assessment.

ADP Reports Unexpected Job Loss Amid Government Shutdown, Sparks Fed Rate Cut Expectations
economy4 months ago

ADP Reports Unexpected Job Loss Amid Government Shutdown, Sparks Fed Rate Cut Expectations

The ADP report revealed a surprising private sector job loss in September amid the government shutdown, raising economic concerns and increasing the likelihood of a Fed rate cut on October 29. Stock markets declined slightly, and bond yields fell, reflecting investor caution. The shutdown's duration could further impact economic growth and federal employment, with market expectations now fully pricing in a rate cut.

Top Fantasy Football Strategies and Player Picks for 2025
sports6 months ago

Top Fantasy Football Strategies and Player Picks for 2025

Chris Dell emphasizes that the best fantasy football draft strategy is to focus on tiers and ADP rather than personal opinions, aiming to maximize value by targeting players within the same tier across different rounds, especially in mid-to-late rounds, to build a competitive team. He provides detailed tier-based rankings and advice for each round, highlighting the importance of roster construction, upside picks, and avoiding overpaying for players outside their value.