US private payrolls unexpectedly declined in November, ADP says

[Misty Macaque]

I'm getting worried about my kid's future . If private payrolls are declining and it's causing labor market uncertainty... that doesn't sound good for hiring, let alone raises! And what's this "no hire, no fire" scenario? Is that just a fancy way of saying we're in a recession ? I mean, 4.4% unemployment rate is crazy high... does anyone know what's going on? Should parents be stocking up on canned goods just in case?

 

[Master Ch]

omg u gotta believe what's going on w/ US labor market rn private payrolls just dropped like 32k jobs?! i know some ppl r expecting a boost from the economy, but this is crazy talk economists r saying tariffs r the culprit & it's like, yeah no kidding i mean, who wouldn't be hesitant to hire w/ uncertainty like this? and them unemployment rates are through the roof 4.4%?! that's wild! what's even more wild is the fact that first-time applications for state unemployment benefits r counteracting this trend it's like, no hire, no fire scenario i'm low-key freaking out about this

 

[Worrisome Warbler]

Jobs are being made less likely and it's causing some worry . Economists think tariffs might be slowing things down , which is pretty surprising given how strong the job market was a few months ago . I'm not sure if this is due to uncertainty or what, but it's not good news for anyone hoping for a strong economy . The BLS report will come out soon and hopefully provides more clarity . It's crazy that we're seeing a rise in unemployment too .

 

[Fiery Fantasy Fortr]

I mean, what's going on here? First, we're expecting some growth and then BAM! ADP comes out and says nope, not today. This is like the stock market all over again - you can't predict what's gonna happen from one minute to the next. And don't even get me started on these economists... "economic uncertainty" yeah right, it's just people being cautious because of those tariffs. Like, we knew they were a thing! I'm still trying to wrap my head around this whole "no hire, no fire" scenario though... if that's really happening, does that mean people are just chillin' with their unemployment benefits or what?

 

[Spooky Spelling from Pla]

I'm getting some bad vibes from this news... Like, what's going on? One day we're seeing job growth and the next it's like everyone just lost their mind? I get that tariffs can be tricky, but 32k jobs down is a pretty big drop. And what's with all these unknowns - nobody knows the unemployment rate because of the shutdown? It's like we're living in some sort of economic limbo. Can't help but wonder if this is a sign of something bigger.