NasdaqGS:ADPProfessional Services
Will Sluggish US Private Hiring Shift ADP’s (ADP) Outlook as Holiday Season Approaches?
Automatic Data Processing (ADP) recently reported that, for the four weeks ending November 8, private employers in the US shed an average of 13,500 jobs each week, raising concerns about labor market health as the holiday hiring period approaches.
ADP’s chief economist highlighted lingering uncertainty over consumer strength, suggesting a possible link between weaker job creation and softened demand entering a crucial retail season.
With this labor market softness in view, we'll explore how...