Highlights From ADP Employment Report
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There may not be a jobs report at all this week — so economists are homing in on this data instead
In what could be the last piece of federal jobs data released this week if the government shuts down, a new report Tuesday showed that the number of available roles remains low for the year, a sign that opportunities continue to dwindle for Americans looking for work.
ADP's figures may be the only jobs data reported this week. The government shutdown means the Bureau of Labor Statistics is closed and unable to publish the official government report.
U.S. stocks on Wednesday opened lower after the latest data on private employment surprised to the downside. The indicator has taken on new importance this week after the government entered shutdown mode,
The government shutdown has caused a temporary delay in the reporting of official U.S. labor-market data, including Thursday's weekly jobless-claims report. But investors did receive an update from Challenger,
The stats are in—and they're sobering. New research analyzing high-frequency payroll data shows early-career workers (ages 22-25) in AI-exposed occupations have experienced a 13% relative employment decline since generative AI's widespread adoption. Meanwhile, more experienced workers in those same roles have remained largely unaffected.
A state-level preview of the Big Beautiful Bill’s Medicaid reforms didn’t improve employment or result in gains in insurance coverage.
Business activity in the Chicago area unexpectedly weakened further this month, hampered by softer orders and a deteriorating jobs market, a monthly survey showed.