US Private Sector Slashed 11,250 Jobs Per Week in October: ADP

‘Not only is the pace of employment growth shifting lower, it’s doing so in a jagged path,’ ADP’s chief economist said.

A hiring ad displayed at a store in Columbia, Md., on Sept. 18, 2025. Madalina Kilroy/The Epoch Times

The private sector rebound may have been temporary as companies shed thousands of jobs per week last month, new data released on Nov. 11 show.

Businesses eliminated 11,250 jobs per week on average in the four weeks ending Oct. 25, according to the research arm of private payroll processor ADP.