US Private Payrolls Unexpectedly Decline in September: ADP

‘The big picture is that America still has a low hire, low fire, low gear job market,’ says one chief economist.
US Private Payrolls Unexpectedly Decline in September: ADP
A hiring ad is displayed at a store in Columbia, Md., on Sept. 18, 2025. Madalina Kilroy/The Epoch Times
|Updated:
0:00

Private employers unexpectedly cut 32,000 jobs in September, marking the steepest decline since March 2023 and signaling renewed weakness in the U.S. labor market.

The figures, released on Oct. 1 in ADP’s National Employment Report, also showed a downward revision to August payrolls—from an initially reported gain of 54,000 to a loss of 3,000.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."