U.S. Private Payrolls Fall 32,000 in November, ADP Reports

U.S. private sector employment fell by 32,000 jobs in November, ADP reported on December 3, following an upwardly revised gain of 47,000 in October. The U.S. Bureau of Labor Statistics rescheduled its November employment report to December 16 from December 5 due to a recent government shutdown. Economists cite economic uncertainty from tariff policies as contributing to labor market stagnation, noting initial jobless claims align with a "no hiring, no firing" narrative despite the ADP data showing weakening conditions. In September, the U.S. economy added 119,000 jobs with unemployment rising to a four-year high of 4.4%, Jinshi reports.