ADP Report: Job Growth Slows Amid Government Shutdown
Update: 2025-11-05
Description
ADP's November Jobs Report: A Glimpse into the U.S. Labor Market Amidst Government ShutdownThe latest ADP report reveals a modest job growth of forty-two thousand private-sector jobs in the U.S. last month, amidst the longest government shutdown. This data is crucial as the Bureau of Labor Statistics' reports are unavailable due to the shutdown, making ADP's numbers the primary source for understanding job growth. The report indicates a slowdown in the job market since the summer, with actual numbers falling short of economists' projections. The lack of complete government data poses challenges for economists and investors in gauging the economy's health, with private data sources like ADP playing a more significant role in shaping our understanding of the current economic landscape.
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