U.S. ADP employment figures revealed a surprising decline of 32,000 jobs in November, marking the lowest level since March 2023. This unexpected drop contrasts sharply with market expectations of a 10,000 job increase and follows a previous reading of 42,000 jobs added. The data suggests potential challenges in the U.S. labor market as the year draws to a close.
U.S. ADP Employment Drops by 32,000 in November, Defying Expectations
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