ADP Employment Data Signals Ongoing Labor Market Risk.
January 7, 2026
The latest ADP Nonfarm Employment Change report suggests that labor market risks remain present in the U.S. economy. While this is not the official Nonfarm Payrolls (NFP) data, it provides an important view into the health of private-sector employment.
According to the December ADP release, private-sector job creation came in below expectations, indicating that hiring momentum among businesses…

