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Private payrolls rose by just 22,000 in January, far short of expectations, ADP says
CNBC· 2026-02-04 13:15
A 'help wanted' sign is displayed in a business's window in Manhattan on January 09, 2026, in New York City.The U.S. labor market barely budged in January, with hiring below even muted expectations, according to a report Wednesday from payrolls processing firm ADP.Private companies added just 22,000 positions for the month and the number would have been negative had it not been for a surge of 74,000 hires in the education and health services category. The total was less than the downwardly revised 37,000 in ...