Companies cut 32,000 from payrolls as Fed debates trimming main rate: ADP
This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: Companies cut payrolls by 32,000 last month, payroll processor ADP said Wednesday, as Federal Reserve officials remain divided over whether a cooling job market warrants trimming the main interest rate during a policy meeting next week. Private employers with fewer than 50 workers shed 120,000 jobs in November, while larger firms increased payrolls by 90,000, ...