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Job Gains Rise as Eurozone Inflation Hits 16-Month Low

2/5/2026

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Summary

Story summary

The United States ADP Employment Change report (ADP) projects a 48,000-job gain on February 4, 2026, up from 41,000 in December.
This release precedes the delayed Nonfarm Payrolls report, postponed due to a government shutdown.
The Eurozone inflation rate fell to 1.7%, a 16-month low.
The Reserve Bank of Australia raised rates to 3.85% amid persistent inflation.

History

Historical Context

The COVID-19 pandemic caused the U.S. unemployment rate to soar to 14.8% in April 2020, with ADP reporting a loss of 20.5 million jobs. As recovery efforts continue, today's projected job gain of 48,000 reflects ongoing economic challenges, including persistent inflation pressures, as seen in the Eurozone's 1.7% inflation rate and Australia's rate hike to 3.85%.

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Story summary

The United States ADP Employment Change report (ADP) projects a 48,000-job gain on February 4, 2026, up from 41,000 in December.
This release precedes the delayed Nonfarm Payrolls report, postponed due to a government shutdown.
The Eurozone inflation rate fell to 1.7%, a 16-month low.
The Reserve Bank of Australia raised rates to 3.85% amid persistent inflation.

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