According to the ADP National Employment Report released today, Private sector employment increased by 22,000 jobs in January and pay was up 4.5 percent year-over-year.
The report, produced by ADP Research in collaboration with the Stanford Digital Economy Lab said, “In a lackluster month for hiring, health care was a standout, adding 74,000 jobs. Leading the slowdown was manufacturing, which has lost jobs every month since March 2024, professional and business services, and large employers.”
The total was lower than the revised estimate of 37,000 for December and also fell short of the Dow Jones consensus forecast of 45,000.
Dr. Nela Richardson, Chief Economist, ADP, stated, “Job creation took a step back in 2025, with private employers adding 398,000 jobs, down from 771,000 in 2024. While we’ve seen a continuous and dramatic slowdown in job creation for the past three years, wage growth has remained stable.”
The ADP report typically precedes the more closely watched nonfarm payrolls report from the Bureau of Labor Statistics, which is released on Friday. However, the partial government shutdown is once again delaying the BLS release.
By CEO NA Editorial Staff
