“Private sector employment shed 32,000 jobs in November and pay was up 4.4 percent year-over-year according to the November ADP National Employment Report® produced by ADP Research in collaboration with the Stanford Digital Economy Lab (‘Stanford Lab’). The ADP National Employment Report is an independent measure of the labor market based on the anonymized weekly payroll data of more than 26 million private-sector employees in the United States. ADP’s Pay Insights captures over 15 million individual pay change observations each month. Together, the jobs report and pay insights use ADP’s fine-grained data to provide a representative and high-frequency picture of the private-sector labor market. ‘Hiring has been choppy of late as employers weather cautious consumers and an uncertain macroeconomic environment,’ said Dr Nela Richardson, chief economist, ADP. ‘And while November’s slowdown was broad-based, it was led by a pullback among small businesses,'” says payroll company ADP in their own monthly jobs report.
The federal government’s monthly jobs data won’t be published until the 16th, delayed because convicted felon President Trump and his supplicants refused to make healthcare affordable.