It’s an ominous sign ahead of Friday’s release of jobs data from the Bureau of Labor Statistics.
ADP says the private sector is shrinking. That’s bad news for the job market—but possibly great news for Trump
July 2, 2025
Private hiring slowed in April out of fear of tariff impacts. ‘Unease is the word of the day,’ ADP chief economist says
April 30, 2025
Markets stall after ADP releases dismal jobs report; dollar continues slide with another 0.4% drop
Stocks fell sharply as investors digested weak employment numbers alongside the turmoil within the government’s statistical…
"The revision shows the economy entered 2025 with less momentum than previously understood,” said Bill Adams, Chief Economist at…
The full effects of massive tariffs likely have not been felt yet, but the job market has clearly slowed.
U.S. private sector hiring rose less than expected in August, per the ADP.
"In episodes when labor demand slides with a growth downshift, it is often a precursor to retrenchment."
"This implies that the weak gains in payrolls in recent months might have something to do with the supply of labor."
