Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Private payrolls increased by 103,000 in November, below expectations, ADP says
CNBC ^ | 12/06/2023 | Jeff Cox

Posted on 12/07/2023 8:02:46 AM PST by ChicagoConservative27

Private sector job creation slowed further in November and wages showed their smallest growth in more than two years, payrolls processing firm ADP reported Wednesday.

Companies added just 103,000 workers for the month, slightly below the downwardly revised 106,000 in October and missing the 128,000 Dow Jones estimate.

Along with the modest job growth came a 5.6% increase in annual pay, which ADP said was the smallest gain since September 2021. Job-changers saw wage increases of 8.3%, making the premium for switching positions the lowest since ADP began tracking the data three years ago.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: adp; expectations; november; payrolls
Wow, CNBC said below expectations...
1 posted on 12/07/2023 8:02:46 AM PST by ChicagoConservative27
[ Post Reply | Private Reply | View Replies]

To: ChicagoConservative27

How many times are these numbers revised down?


2 posted on 12/07/2023 8:04:02 AM PST by mikelets456
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

+ 103,000 private-sector jobs.
Wanna bet better than HALF are part-time at $20-$22/hour?

The only good employment benefit is the unoffered benefit.


3 posted on 12/07/2023 8:05:13 AM PST by Cletus.D.Yokel (When I say "We" I speak of, -not for-, "We the People")
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

100,000 jobs for a month is weak. Bidenomics is starting to sink in for real. No wonder the Rats don’t want to call it that any more.


4 posted on 12/07/2023 8:05:50 AM PST by hinckley buzzard ( Resist the narrative.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27
I saw a clip of Karine Jean-Pierre saying that Biden had created ...

"Ten thousand million jobs".

She is a spokeswoman, chosen for her skill with the language.
Biden is a president, chosen (?) for his leadership skills.

And here we are.

5 posted on 12/07/2023 8:17:23 AM PST by ClearCase_guy
[ Post Reply | Private Reply | To 1 | View Replies]

To: ClearCase_guy

She was chosen because she is an immigrant pescatarian with melanin.


6 posted on 12/07/2023 8:35:55 AM PST by mrmeyer (You can't conquer a free man; the most you can do is kill him. Roberor thert Heinlein)
[ Post Reply | Private Reply | To 5 | View Replies]

To: ChicagoConservative27

Bidenomics is da bomb!


7 posted on 12/07/2023 8:47:51 AM PST by Kharis13
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

Buckle up. Next year is going to be a doozy.


8 posted on 12/07/2023 8:54:13 AM PST by Nathan _in_Arkansas (Hoist the black flag and begin slitting throats. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nathan _in_Arkansas
Yeah.

Brings to mind the Chinese proverb "May you live in interesting times."

9 posted on 12/07/2023 9:05:18 AM PST by Eagles6 (Welcome to the Matrix . Orwell's "1984" was a warning, not an instruction manual.)
[ Post Reply | Private Reply | To 8 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson