The ADP National Employment Report, a measure of private employment in the U.S., said on Wednesday that payrolls at private employers declined by 32,000 jobs last month, signaling the labor market continued to face headwinds in September. More attention may be given to the ADP data this week because the government’s monthly jobs report, scheduled for release on Friday, Oct. …
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Private payrolls saw their biggest decline in 2½ years during September, a further sign of labor market weakening that compounds the data blackout accompanying the U.S. government shutdown. Companies shed a seasonally adjusted 32,000 jobs during the month, the biggest slide since March 2023, payrolls processing firm ADP reported Wednesday. Economists surveyed by Dow Jones had been looking for an …
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