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Private-Sector Jobs Plummet as Claims Hit Four-Year High

10/9/2025

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Summary

Story summary

The ADP National Employment Report shows a 32,000 drop in private-sector jobs for September.
Growth was led by education/health services (+33,000) and natural resources/mining (+4,000); leisure/hospitality (-19,000) and professional/business services (-13,000) declined.
Jobless claims reached 263,000, a four-year high, while wage growth stayed at 4.5% for stayers and 6.6% for movers.

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Story summary

The ADP National Employment Report shows a 32,000 drop in private-sector jobs for September.
Growth was led by education/health services (+33,000) and natural resources/mining (+4,000); leisure/hospitality (-19,000) and professional/business services (-13,000) declined.
Jobless claims reached 263,000, a four-year high, while wage growth stayed at 4.5% for stayers and 6.6% for movers.