États-Unis Variation De L'Emploi Adp

Private businesses in the US cut 32K jobs in November 2025, following an upwardly revised 47K gain in October, and compared to forecasts of a 10K rise. It is the biggest decline in payrolls since March 2023, led by a 120K drop at small establishments. On the other hand, medium companies added 51K jobs and large created 39K. Among sectors, declines were seen in manufacturing (-18K), professional/business services (-26K), information (-20K), construction (-9K) and financial activities (-9K). In contrast, job gains occurred in education/health services (33K), leisure/ hospitality (13K), natural resources/mining (8K) and trade, transportation and utilities (1K). "Hiring has been choppy of late as employers weather cautious consumers and an uncertain macroeconomic environment", according to Dr. Nela Richardson, ADP. Meanwhile, annual pay for job-stayers rose 4.4% (vs 4.5% in October). For job-changers, pay was up 6.3% (vs 6.7%).