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BumRushDaShow

(163,505 posts)
Tue Nov 11, 2025, 09:15 AM Nov 11

The private sector shed jobs in late October, new ADP data show [View all]

Last edited Tue Nov 11, 2025, 10:20 AM - Edit history (1)

Source: MarketWatch

Last Updated: Nov. 11, 2025 at 9:17 a.m. ET
First Published: Nov. 11, 2025 at 8:38 a.m. ET


The private-sector job market contracted in late October, according to a new report from payroll-processing firm ADP. Private-sector employers shed an average of 11,250 jobs a week in the four weeks ending Oct. 25, ADP said.

The monthly ADP data showed privately run businesses creating 42,000 new jobs in October — the first increase in three months. But that was front-loaded, as that job growth was concentrated at the beginning of October, and petered out at the end of the month, “suggesting,” according to ADP, “that the labor market struggled to produce jobs consistently during the second half of the month.”

Nela Richardson, chief economist at ADP, called the October bounce in hiring tepid and not broad-based. ADP announced last month that it would publish a weekly estimate of the ADP National Employment report every Tuesday based on its high-frequency data.

Alternative data on the health of the labor market have become more important with the lack of government data due to the U.S. government shutdown.

Read more: https://www.marketwatch.com/story/private-sector-lost-jobs-in-late-october-new-weekly-adp-data-shows-f63ca25f



Article updated.

Original article/headline -

Private sector lost jobs in late October, new weekly ADP data shows

Published: Nov. 11, 2025 at 8:38 a.m. ET


The private-sector job market contracted slightly in late October, according to a new report from payroll processing firm ADP.

Private sector employers shed an average of 11,250 jobs a week in the four weeks ending Oct. 25, “suggesting that the labor market struggled to produce jobs consistently during the second half of the month,” ADP said.

How the Federal Reserve perceives the labor market will be critical in their decision whether or not the central bankers to cut interest rates again at their meeting on Dec. 10.

This is breaking news. Check back for updates here.


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