January Employment Data Mixed

The first two of four major employment reports this week offered a mixed bag of data, reflecting the current volatility in the U.S. jobs market.

Jobs Reports: ‘Great Resignation’ Starting to Fade

In the first two of four major jobs reports this week, ADP, Roseland, N.J., said private-sector employment slowed to 127,000 jobs in November. And the Bureau of Economic Analysis reported November job openings fell by more than 7 percent from a year ago.

ADP: Private Sector Adds 208,000 Jobs; Annual Pay Up 8%

In the second of four major jobs reports this week, ADP, Roseland, N.J., said private-sector employment increased by 208,000 jobs in September, while annual pay slowed to just below 8 percent.

ADP: August Employment Slows for 2nd Straight Month

In the second of four major jobs reports this week, ADP, Roseland, N.J., said private-sector employment rose by a modest 132,000 jobs in August, slowing for the second straight month, while annual pay increased by 7.6 percent.

Employment, Initial Claims Data Underwhelm

Ahead of Friday’s employment report from the Bureau of Labor Statistics, private-sector employment rose by just 128,000 in May, said ADP, Roseland, N.J. In a separate report, the Labor Department said post-pandemic initial claims remain erratic, rising by 4,000 from the previous week.