US Labor Market Sheds 32K Jobs in November
Update: 2025-12-03
Description
ADP reports a surprising job loss in November, with small businesses bearing the brunt. Larger companies saw a net gain, but overall, the labor market slowdown intensifies worries. Education, health, and leisure sectors added jobs, but widespread cuts in professional, business, and other industries drove the total down. The Federal Reserve is expected to cut interest rates further based on this report.
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