From adpresearch.com

For the four weeks ending Nov. 8, 2025, private employers shed an average of 13,500 jobs a week. Consumer strength remains in question as we enter the holiday hiring season, which might be playing into delayed or curtailed job creation. These numbers are preliminary and could change as new data is added. The federal government’s delayed September employment report, released last week, showed that the economy added 119,000 jobs that month, better than economists had predicted. But for self-employed workers, the news wasn’t as good. The gig economy lost 114,000 jobs that month. In fact, the ranks of self-employed ... (full story)

From cnbc.com

The U.S. labor market is showing further signs of weakening as the pace of layoffs has picked up over the past four weeks, payrolls processing firm ADP reported Tuesday. Private companies lost an average of 13,500 jobs a week over the past four weeks, ADP said as part of a running update it has been providing. That’s an acceleration from the 2,500 jobs a week lost in the last update a week ago. With the government shutdown still impacting data releases, alternative data like ADP’s has been filling in the blanks on the economic picture. Government agencies such as the Bureaus of Labor Statistics and Economic ... (full story)