ADP

Weakness emerging in the jobs market just 99 days ahead of election day.

Businesses in the U.S. added 184,000 workers to their payrolls in March, the largest increase in hiring since July, according to payroll processor ADP. The March hiring exceeded even the most optimistic forecasts. The median forecast was for 155,000 jobs,

Private payroll growth accelerated and so did wage gains for workers who changed jobs.

The payroll processing company ADP said its gauge showed monthly payrolls at American businesses grew by 107,000 in the first month of 2024.

Businesses added just 103,000 workers to their payrolls in November, the paycheck processor ADP said Wednesday.

Could demand for labor in the U.S. finally be cooling?

Private sector payrolls grew by 324,000 in July, led by a huge jump in jobs at hotels, bars, and restaurants, payroll processor ADP said.

A second consecutive month of strong job growth. What will Friday’s nonfarm payrolls bring?

Payrolls at private companies grew by 296,000 in April, far more than the 143,000 expected.

This is not the sort of jobs report you would expect if the economy was teetering on the edge of a recession.

Job growth was strong in both construction and hospitality.

Not the cooling the Fed was looking for.

Does not look like monetary policy has become restrictive yet.

Leisure and hospitality payrolls drove private sector hiring to a much faster pace than expected.

Services sector hiring rose sharply in September, adding to inflation worries.

ADP is no longer trying to forecast the official jobs report and says its report is an independent look a the labor market.

Businesses with fewer than 50 employees saw their payrolls drop by 91,000 in May, ADP said Thursday.

The January estimate went from a loss of more than 300,000 to a gain of more than 500,000.

Matching the second worst month ever recorded in small business ADP payroll data.

January looks like it was a disaster for jobs.

ADP has not had a great track record through the pandemic.

The decline in cases in Florida and other southern states may be fueling growth in payrolls in restaurants, bars, hotels, and resorts.

Private payrolls increased by 374,000 in August, missing expectations for 600,000, according to ADP data released Wednesday.

The latest report from ADP suggests that economic growth has slowed by more than expected.

U.S. businesses accelerated the pace of hiring in May, according to data released Thursday by payroll processing firm ADP.

U.S. businesses added 517,000 workers in March as states like Texas and Florida lifted pandemic restrictions, data from payroll provider ADP indicated Wednesday.

Better than expected.

Big businesses shrank payrolls the most in December, according to a report from ADP.

Private payroll growth came in much weaker than expected for November.

Construction, manufacturing, transportation, and hospitality led the gains.

The ADP number has been wildly offbase in recent months but it tends to get the direction of employment growth right.

A total of 5.37 million jobs added in May and June

The AP private payrolls report suggests the labor market may be healthier than it has looked.

The hardest-hit sector was leisure and hospitality, which shrank by 8.6 million jobs in April.

The private sector added just 67,000 jobs in November, the fewest since May and well below expectations, ADP said.

Private sector payrolls added just 27,000 new jobs in May, according to a report Wednesday from Moody’s Analytics and ADP.