"ADP Report: Private Sector Employment Grows by 107,000 Jobs in January, Annual Pay Up 5.2%"
TL;DR
The ADP National Employment Report for January reveals a 107,000 increase in private sector employment and a 5.2% rise in annual pay year-over-year. The report, based on anonymized payroll data of over 25 million U.S. employees, also indicates a hiring slowdown and easing pressure on wages. The findings suggest a positive economic outlook despite the hiring slowdown, with wages adjusted for inflation showing improvement over the past six months.
- ADP National Employment Report: Private Sector Employment Increased by 107,000 Jobs in January; Annual Pay was Up 5.2% PR Newswire
- Private payroll growth slowed to just 107,000 in January, below expectations, ADP reports CNBC
- Private sector job growth cools sharply in January to 107,000, worse than expected: ADP Fox Business
- Private employment misses expectations in January The Hill
- ADP jobs report shows smallish 107,000 private jobs created in January. Hiring slows sharply. MarketWatch
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