Private sector job creation slowed to a crawl in February, fueling concerns of an economic slowdown, payrolls processing firm ADP reported Wednesday. Companies added just 77,000 new workers for the month, well off the upwardly revised 186,000 in January and below the 148,000 Dow Jones consensus estimate, according to seasonally adjusted figures from ADP. The total was the smallest increase since July and comes at a time when worries are rising that economic growth is slowing and worries brew that President Donald Trump’s tariff plans will spark another round of inflation. ADP said annual pay rose 4.7% in February, the same as the prior month. Stock market futures lost some of their gains following the release while Treasury yields were mixed. Private employers added just 77,000 jobs in February, far below expectations, ADP says Make sure you have plenty of money in savings as Trump continues to destroy our country #TrumpsAmerica
Isn’t this up from just 12,000 last report ? Look, regardless the POTUS, when are we going to acknowledge that our economy is smoke and mirrors and could probably be so much more prosperous than it is ?
The January report was 143,000 jobs. January US Jobs Report: 143K New Jobs Added, Falling Short of Expectations | J.P. Morgan
garbage is like water/sewer. people need it good times or bad but I guess your volumes and frequency can drop if retail drops. people flush regardless of the economy
Not only was this one less than expected, but his first report got a downward revision, too, making that one even worse. This probably doesn’t factor in all those veterans that were recently fired without cause, either. What a mess he’s managed to create in a just a few weeks. I hope the country can survive until hes declared incompetent by his own cabinet and removed from office. U.S. payroll growth totals 151,000 in February, less than expected
More positive stories from NYT and WashPost: Jobs Report Live Updates: U.S. Employers Add 151,000 Jobs in February https://www.washingtonpost.com/business/2025/03/07/february-jobs-unemployment-rate/
