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Posted on 02/04/2026 6:56:40 AM PST by lasereye
US private employers added fewer positions than anticipated last month, according to the private payroll processor ADP, starting 2026 off on a downbeat note.
Private payrolls grew by just 22,000 in January, ADP said Wednesday, below economists' expectations of 45,000 positions.
The tally for last year was perhaps an omen.
"Job creation took a step back in 2025, with private employers adding 398,000 jobs, down from 771,000 in 2024," ADP chief economist Nela Richardson said in a statement. "While we've seen a continuous and dramatic slowdown in job creation for the past three years, wage growth has remained stable."
Manufacturing helped lead the slowdown with a drop of 8,000 jobs in January, according to ADP, less than one year out from President Trump's sweeping tariffs and promises to restore positions to the sector. Professional and business services also continued to decline, while construction added roles. Losses across the economy would’ve appeared even more stark if not for the healthcare and education sectors posting positive growth, with 74,000 new positions gained in January.
December's gains were also revised downward, with 37,000 positions added rather than the initially reported 41,000.
This week’s private data releases — ADP with private payroll growth on Wednesday, and the job outplacement firm Challenger, Gray & Christmas with layoffs announcements on Thursday — will be even more closely watched than usual, thanks to the brief, partial government shutdown pushing back the latest official Labor Department data on openings, job growth, and the unemployment rate.
Though the shutdown ended Tuesday, there's been no word yet on when the all-important government data will be made public.
To be sure, nothing too major was seen on the horizon: the Chicago Fed saw the unemployment rate holding steady at 4.4%.
(Excerpt) Read more at finance.yahoo.com ...
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One other major thing the tariffs did is cut the trade deficit with China.
Construction jobs will pay well. Plant mechanics and electricians will make a killing.
People against tariffs are globalist traitors PERIOD.
Laser traitor bump
Da “market” actually believes that “official jobs data”. ROTFL.
That is not true. Manufacturing jobs are high tech making complex parts. The problem is HS grads can’t read write or do basic math. They do know what a transgender is.
I started as a manufacturing and process engineer in microelectonics and went from there to R&D and then project management in medical devices, installing the equipment I had invented worldwide. I'll stand on what I said.
The ADP jobs report is a minuscule snapshot of the real jobs report and is notoriously incorrect.
But you knew that already, didn’t you.
ADP...
Consider the source.
Keep trying slugger....
The ADP National Employment Report can show bias due to its reliance on data from companies that specifically outsource payroll to ADP, rather than a random, representative sample of the entire U.S. economy. While it often tracks private sector trends, it is not a direct predictor of the official BLS report, as it misses government jobs and has a different methodology.
Key Reasons for Potential Bias and Differences:
Sample Selection: ADP’s data only covers its own client base, which may not accurately represent the broader economy, particularly small “mom-and-pop” businesses.
Sector & Size Discrepancies: ADP clients may be more profitable or faster-growing than non-clients, requiring ADP Research Institute to apply corrections to align with Bureau of Labor Statistics (BLS) data.
No Government Coverage: The report is limited strictly to private-sector, nonfarm employment, excluding federal, state, and local government jobs.
Methodology Divergence: ADP counts workers who are on the payroll (even if unpaid during strikes/disasters), while the BLS surveys employers to count workers who received pay during the reference period
“they would be low paying jobs anyway.”
Deporting low wage immigrant Mexicans is counterproductive to increasing manufacturing in the US. How many Americans on welfare want the nuisance of a low paying job when welfare is available?
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