Thread regarding United States Layoffs layoffs

U.S. lost 32000 private-sector jobs last month in surprise drop, ADP data shows
CBS News
December 3, 2025 8:04 AM PT
U.S. private-sector employers unexpectedly cut 32,000 jobs in November, as detailed in ADP data released on December 3, 2025. This surprising downturn contrasts with economists' predictions of job growth for the month. The figures are bolstering expectations that the Federal Reserve might implement an interest rate cut in the near future. Small businesses, specifically those employing fewer than 50 individuals, were disproportionately affected, accounting for 120,000 of the job losses. The professional and business services sector saw the largest decline, though leisure and hospitality experienced a gain ahead of the holiday season.