ADP’s January Jobs Report Points To Labor Market Downtrend in 2024
Allwork
JANUARY 31, 2024
January’s private payroll growth underperformed economic predictions, with revised data from ADP suggesting a looming, albeit gradual, downtrend in the labor market. CNBC reports that in January 2024 , U.S. companies added 107,000 jobs, which is a decrease from December’s 158,000 jobs. and globally.” and globally.”
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