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Alert
US Private Sector Employment Falls by 32k in November (ADP)
12/03/2025, 13:16
12/03/2025, 13:18
AI SUMMARY
●Private sector employment in the US fell by 32,000 in November according to ADP data
●This marks a significant reversal from the previous month's 42,000 increase
●The data signals potential labor market cooling ahead of official government reports
According to DB reports, private sector employment in the US unexpectedly declined by 32,000 in November. This figure contrasts sharply with the previous month's increase of 42,000.
The decline in private payrolls suggests potential cooling in the labor market, a key metric watched by the Federal Reserve for interest rate decisions. Market participants often use ADP figures as a precursor to the official Non-Farm Payrolls report.