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New ADP Report Reveals Alarming Job Losses
Episode 2136
Published 5 months ago
Description
New ADP data shows private employers losing about 13,500 jobs per week over a four-week period ending Nov. 8 — another sign of strain in the U.S. labor market. While some sectors such as health care, education and transportation added jobs, others including leisure and hospitality, information and business services saw significant losses. Annual pay, however, continued to rise at 4.5%.
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