Payroll processor ADP said in its closely watched jobs report that America’s private employers not only failed to add any jobs in January but payrolls actually dropped by more than 300,000 that month, teeing up what could be a disappointing jobs report when official government statistics are released on Feb. 4.
Private-sector employment in the United States fell by 301,000 in January, according to ADP’s Feb. 2 report.
