Trump continues to cause anemic job creation in private companies

Cypress

Well-known member

Private payrolls rose by just 22,000 in January, far short of expectations, ADP says​

Private companies added just 22,000 positions for January. The total was less than the downwardly revised 37,000 increase in December and below the consensus forecast for 45,000.

Private companies added just 22,000 positions for the month and the number would have been negative had it not been for a surge of 74,000 hires in the education and health services category. The total was less than the downwardly revised 37,000 increase in December and below the Dow Jones consensus forecast for 45,000.

 

U.S. Jobs Disappear At Fastest January Pace Since Great Recession​

January was the worst start to a year for job cuts in the United States since 2009, with high-profile layoffs at UPS and Amazon fueling a tumultuous beginning to 2026 on the labor market, according to a private firm’s report, as official government reports remain delayed.

The 108,435 job cuts last month represented a 118% jump from the same period last year and the most in any January since 2009, when the U.S. was reeling from the Great Recession triggered by a housing market crisis, consulting firm Challenger, Gray & Christmas said in its latest monthly report.



 

Private payrolls rose by just 22,000 in January, far short of expectations, ADP says​

Private companies added just 22,000 positions for January. The total was less than the downwardly revised 37,000 increase in December and below the consensus forecast for 45,000.

Private companies added just 22,000 positions for the month and the number would have been negative had it not been for a surge of 74,000 hires in the education and health services category. The total was less than the downwardly revised 37,000 increase in December and below the Dow Jones consensus forecast for 45,000.

The jobs are being filled by Americans.
 
Also Trump is causing the dollar to drop. His abuse of other nations has cost him countries that would help with stabilization. Trump is such a blundering jerk.
 
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