Summary:
ADP reports 146K new jobs in November, below the 163K forecast and October's revised 184K, indicating slower job growth.
Dec ADP
8/1/2025 (Wed)
Previous (Nov): 146k Forecast: 139k
According to ADP, that 146K new jobs filled in the private sector for November was shy of the 163K expected by analysts. It also comes in lower than the downwardly revised 184K for the prior month.
Manufacturing and small firms with fewer than 50 employees reported job losses. Notably wage growth accelerated, by 4.8%, a faster gain than October, the first time that has happened in 25 months.
Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by EBC or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.
Oil prices rose Friday, heading for a strong weekly gain after Washington and Beijing agreed to more trade talks following a Trump-Xi phone call.
2025-06-06
Private jobs rose 62,000 in April with 4.5% pay growth; February revised to 147,000. Hiring challenged by uncertainty.
2025-06-04
In 2025, the US dollar fell nearly 9%, as Wall Street remains bearish due to rate cut expectations, economic uncertainty, and trade policies.
2025-06-04
