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November ADP US Private Payrolls Decline Unexpectedly, Led by Professional Services Sector

BY MT Newswires | ECONOMIC | 12/03/25 08:28 AM EST

08:28 AM EST, 12/03/2025 (MT Newswires) -- ADP's monthly measure of private payrolls showed a decrease of 32,000 jobs in November, compared with expectations compiled by Bloomberg as of 7:30 am ET for an increase of 10,000.

The November drop followed an upwardly revised 47,000-jobs increase in October.

By sector, goods-producing jobs decreased by 19,000, led by a 18,000 decrease in manufacturing sector jobs, while service-providing jobs were down 13,000, with professional and business services jobs down 26,000.

"Hiring has been choppy of late as employers weather cautious consumers and an uncertain macroeconomic environment," said Nela Richardson, chief economist at ADP. "And while November's slowdown was broad-based, it was led by a pullback among small businesses."

Small businesses shed 120,000 jobs in the month while medium-sized businesses posted a 51,000-jobs gain and large business payrolls rose by 39,000.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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