Skip to main content
915 TLDR
Business
1 read

January Sees Significant Drop in Private Sector Job Growth

KVIACNN Newsource
City skyline representing business and economy news

Want the full story?

Read the complete article at KVIA

Read Original

AI Summary

In January, private sector job growth in the U.S. fell sharply, with only 22,000 new jobs added, significantly below the anticipated 45,000. This slowdown follows a trend from the previous year, where job creation dropped from 771,000 in 2024 to 398,000 in 2025. Nela Richardson, ADP's chief economist, noted that while job creation has been declining for three years, wage growth has remained stable. The delayed official jobs report due to a brief government shutdown has left many awaiting further updates on employment trends.

Key Details: • Only 22,000 jobs added in January, far below expectations. • Job creation decreased from 771,000 in 2024 to 398,000 in 2025. • Wage growth remains stable despite the slowdown in job creation.

economy jobs employment wages private-sector

People & Organizations

Nela RichardsonADP

Related Articles