#ADPDataDisappoints ๐
In January 2026, private-sector job growth expectations were significantly lower. Only 22,000 new jobs were added, while economists were expecting around 45,000. The figures for December were also revised down to 37,000, further highlighting the slowdown.
When viewed sector-wise, healthcare was a bright spot, adding 74,000 jobs. However, professional and business services lost 57,000 jobs, marking the largest monthly decline since August 2024.
The pressure on the manufacturing sector continues. Job losses have been observed every month since March 2024, with a reduction of 8,000 jobs in January as well.
The bigger picture reveals a clear slowdown. In 2025, private employers added only 398,000 jobs, while in 2024, this number was 771,000, indicating a consistent sharp deceleration.
This weak data raises serious concerns about the health of the labor market, especially as recent government shutdowns have delayed official federal job reports. Markets are now on high alert for upcoming data.
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