adp

ADP Revs Its Car Business With Cobalt Buy

Automatic Data Processing, a large provider of HR, payroll and benefits administration services, has bought Cobalt, which offers marketing services to auto dealers. The $400 million deal helps boost ADP's own dealer-services business and combat tough times in the sector.

Private Sector Hiring Was Anemic in June

Employment just can't get cranked up: ADP reports that the private sector added a scant 13,000 jobs in June, well below expectations. Ominously, the firm notes that "private employment may have decelerated heading into summer."

Private Sector Added 13,000 Jobs in June, ADP Report Says

The U.S. private sector added 13,000 jobs in May, suggesting that job growth may be slowing. The gains were driven primarily by the service sector, which added 30,000 jobs in May, according to the report from ADP. The goods-producing sector shed 17,000 jobs, despite gains in the manufacturing sector.

ADP Report: The Private Sector Added 32,000 Jobs In April

The deep freeze in U.S. employment continues to slowly thaw as the private sector added 32,000 jobs in April, following a revised gain of 19,000 jobs in March -- up from the initial report's decline of 23,000 -- according to data compiled in the ADP National Employment Report.

January Private Sector Jobs Fell Just 22,000

The private sector cut just 22,000 jobs in January, ADP said -- another sign that U.S. labor markets continue to heal. Also, midsize companies added 9,000 employees -- the first job increase in that category in two years.