nela richardson

The U.S. labor market doesn’t appear as tight and hot as a couple of months ago, with the June’s Employment Situation report likely to show an overall cooling trend from a very strong performance in May. Slated for release Friday at 8:30 a.m. ET, the official jobs report from the...

The pace of monthly employment growth in the private sector of the United States showed a marked improvement in December, indicating the strong resilience of the U.S. labor market. According to Automatic Data Processing Inc., private employers added 164,000 new payrolls in December, surpassing the...

Signs of cooling in the U.S. labor market have begun to surface, leaving investors eagerly awaiting the official November jobs report set to release at 8:30 a.m. ET Friday. This pivotal report comes just ahead of the critical Federal Open Market Committee meeting next week, adding to the high...

Data issued by Automatic Data Processing Inc (NASDAQ:ADP) on Wednesday raised concerns over the decelerating pace of monthly employment growth among private U.S. businesses. This marked the third consecutive month of declines as September numbers rolled in, and details of the report painted a...

The market got another hint of labor market weakness in the United States on Wednesday, as Automatic Data Processing, Inc. (ADP) reported 145,000 jobs added by private companies in March 2023, down from 261,000 in February and significantly below forecasts of 200,000. According to ADP Chief...