by Calculated Risk on 1/07/2026 08:15:00 AM

From ADP: ADP National Employment Report: Private Sector Employment Increased by 41,000 Jobs in December; Annual Pay was Up 4.4%

“Small establishments recovered from November job losses with positive end-of-year hiring, even as large employers pulled back,” said Dr. Nela Richardson, chief economist, ADP.
emphasis added

This was below the consensus forecast of 50,000 jobs added. The BLS will report on Friday, and the consensus is for 55,000 jobs added.