The Latest Breaking News from Nela Richardson

ADP's jobs report delivered a sucker-punch to Gen Z grads this week: While hiring is up across private payrolls according to December data, it was offset by a significant drop in professional and business services.

“We’re tracking changes in real time—it’s as high-frequency as payroll data [can] get, and we have not seen this rosy picture for 2026 in the data,” ADP’s Nela Richardson says.

The slowdown in labor market is due to the post-pandemic recovery, job growth in a few industries, high interest rates, tech advances, and uncertainty about the economy, global events, President-elect Donald Trump's potential policies.

A survey of 35,000 workers found more one in four 24-to-34-year-olds cared about their day-to-day happiness, compared with more than half of baby boomers.

A survey of 35,000 workers found more one in four 24-34-year-olds cared about their day-to-day happiness, compared with more than half of baby boomers.

Tentative signs have begun to emerge that the U.S. economy is cooling in a way that would be welcomed by the Federal Reserve’s inflation fighters: Companies are posting fewer available jobs, consumer spending has slipped and wage growth, while still healthy, is gradually slowing

US private sector hiring came in well above expectations last month, payroll firm ADP said Wednesday, with construction, financial services and manufacturing all contributing to the increase.

Layoffs climb sharply with last month’s rate the highest of any February since 2009 but expert says ‘job gains remain solid’

Private sector hiring in the United States slowed more than anticipated this month, according to data Wednesday from payroll firm ADP, following efforts to cool the world's biggest economy and tame inflation.