Press "Enter" to skip to content

ADP Reports Big Jump In Jobs In December, Wage Growth Plunges


Following last month’s big miss, analysts expected a modest uptick of 150k new jobs in today’s ADP Employment Report, but instead – and frustrating for The Fed – ADP reports the addition of 235k jobs in December.

Job resurgence was seen in the last two months of 2022 led by consumer-facing service industries.

Hiring was strong across small and medium establishments while large establishments saw a drop in employment of 151,000 jobs…

Read More Here

We need your help to keep Caravan to Midnight going,

please consider donating to help keep independent media independent.

Daily Headlines

Be First to Comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Breaking News: