Private Sector Adds 122,000 Jobs in December, Below Expectations
1 day ago
Recent data released by ADP shows that the private sector of the U.S. economy added only 122,000 jobs in December 2022. This figure fell short of analysts' expectations, who predicted that the numbers would be significantly higher. The increase in private sector jobs marked the lowest level in several months, raising concerns about the stability of the labor market.
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Job Growth in the U.S.: Lowest Increase Since 2021
4 months ago
Recent data from ADP shows that companies in the U.S. added the fewest jobs since 2021. In August, the economy created only 177,000 new positions, which is significantly lower than analysts' expectations. This indicates a slowdown in employment growth amid economic uncertainty and rising interest rates from the Federal Reserve.
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