Archive · 26 Nov 2025
US Private Payrolls Shrink by 13,500 Jobs Weekly
The US job market is slowing down.
A company called ADP said that private businesses are now losing about 13,500 jobs each week.
This is a big change from before, when they were only losing 2,500 jobs per week.
The government shutdown made some important reports late, so this data from ADP is helping people understand the economy better.
The Federal Reserve, which controls interest rates, won't have all the usual data when they meet in December.
But many experts think they will still cut interest rates because the job market seems to be getting worse.
Goldman Sachs, a big bank, thinks the Federal Reserve will cut rates in December and maybe two more times in 2026.
Private companies in the US are cutting an average of 13,500 jobs per week over the last four weeks, up from 2,500 per week previously.
The government shutdown delayed key economic reports, making ADP's data crucial for understanding the current economic situation.
Major updates like the monthly nonfarm payrolls numbers will not be available until December, affecting the Federal Reserve's decision-making.
Federal Reserve officials have indicated support for additional interest rate cuts, with markets expecting another cut in December.
Goldman Sachs expects the Federal Reserve to cut rates in December and make two additional quarter-point cuts in 2026, citing alternative indicators of job losses.
- Who
- Private companies in the US
- What
- Job losses averaging 13,500 per week over the last four weeks
- When
- Last four weeks, with data released on Tuesday
- Where
- United States
- Why
- Economic slowdown and delayed government reports due to shutdown
- Average weekly job losses
- 13,500
- Previous average weekly job losses
- 2,500
- Next jobs report date
- December 16
- Next CPI report date
- December 18
- Federal Reserve meeting dates
- December 9–10
- Expected Federal Reserve rate cuts in 2026
- Two quarter-point cuts
- September job growth reported by BLS
- 119,000 jobs
