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ADP data shows a decrease of 32,000 jobs in November, US dollar weakens

ADP data shows a decrease of 32,000 jobs in November, US dollar weakens

ChaincatcherChaincatcher2025/12/03 13:38
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ChainCatcher news, according to Golden Ten Data, the US ADP employment numbers for November decreased by 32,000, far below the expected increase of 10,000, further reinforcing the narrative of a weakening labor market. This is the third time this year that ADP data has recorded negative growth, with previous declines of -23,000 in June and -29,000 in September. The -32,000 in November marks the largest drop since March 2023. In response, the US dollar fell again, with the USD/JPY once hitting a new daily low.

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