ADP

Initial Jobless Claims Rise, But Distorted By Holidays

More Americans sought unemployment benefits last week, though the winter holidays likely distorted the data for the second straight week. The Labor Department says weekly applications rose by 10,000 to a seasonally adjusted 372,000 in the week ended Dec. 29.

ADP Bets on Small Business Growth to Offset Jobs

As the creation of new jobs slows and layoffs continue, small businesses keep hiring. ADP is betting those companies will continue to buck the trend. It's setting up new services to capitalize on that growth.

Private Sector Jobs Jumped Again in February

Private employers added a much-better-than-expected 217,000 jobs in February, ADP has reported. That's the fifth straight month of significant job gains in the private sector and another sign that the U.S. labor market continues to slowly heal.

Another Strong Showing for Private Sector Jobs

Private employers added 187,000 jobs in January, ADP announced Wednesday, 47,000 more then economists had predicted. That marks the fourth straight month of significant job gains -- a trend that suggests the U.S. labor market is recovering.

Week in Preview: Jobs, UPS Earnings and More

Will the stubbornly high unemployment rate fall at all? We'll find out whether when the January employment reports come out this week. Also worth watching for are a host of earnings reports, led by economic bellwhether UPS. The package deliverer is expected to post strong results.

Bank Stocks and Jobs Data Weigh on Market

This week was all about jobs reports and after December's employment numbers fell short of expectations, stocks ended the first week of trading in 2011 on a down note. Kenny Polcari, managing director at ICAP Corporates explains from the New York Stock Exchange.

Take the ADP Jobs Number With a Boulder of Salt

ADP excludes government jobs. It's also notoriously volatile and has a history of big misses in forecasting the official number. But perhaps most important is that it just doesn't jibe with other recent data points -- or the recovery's pace.

Private Sector Jobs Jumped by 297,000 in December

The total was nearly triple what economists were expecting. It's only one month's data, and it's too soon to call it a hiring boom. However, the report offers more hope and some evidence that the nation's long job drought is ending.

Stocks Vault on Job Gains and Global Data

The Dow jumped skyward on Wednesday as stocks rallied around the globe on a stream of strong economic news, both abroad and in the U.S. A less anxious outlook for European sovereign debt also helped.

Private Employers Added 93,000 Jobs in November

ADP reported the biggest private sector job gain in three years, and it revised October's total to 82,000 -- nearly double the initial estimate. A retrenchment is always possible, but it now appears that the long period of job losses is ending.

Services Lead Job Growth in September

The long period of large monthly losses appears to be ending, as the private sector added 43,000 jobs in October, according to ADP's latest report. And September's job loss was greatly revised, from an initial estimate of 39,000 down to just 2,000.

ADP Reports 10,000 Private Sector Job Cuts in August

U.S. employment suffered another setback as the private sector unexpectedly cut 10,000 jobs in August, ADP announced Wednesday. A Bloomberg survey had forecast that private employers would add 17,000 jobs in the month

ADP: Private Sector Jobs Rose by 42,000 in July

The job market got a modicum of good news today with ADP's July report that beat the expected increase of 35,000 new jobs. July marks the sixth straight month of private sector additions, but at a rather slack pace, averaging only 37,000 jobs per month.