ADP reports 32,000 private sector jobs lost in September

Poor Richard Saunders

Well-known member
Contributor
ROSELAND, N.J. – October 1, 2025 – Private sector employment shed 32,000 jobs in September and
pay was up 4.5 percent year-over-year according to the September ADP National Employment Report®
produced by ADP Research in collaboration with the Stanford Digital Economy Lab (“Stanford Lab”).



This doesn't even count any government job losses.

Where is this great economy that Trump promised us?
 
ADP also revised August numbers from 54,000 jobs gained to -3,000.


In September, ADP conducted a preliminary rebenchmarking of the National Employment Report based
on full-year 2024 results from the Quarterly Census of Employment and Wages (QCEW) released by the
Bureau of Labor Statistics.
This recalibration resulted in a reduction of 43,000 jobs in the September 2025 ADP National
Employment Report. The number of jobs created in August 2025 was revised from 54,000 to -3,000
 
Trump is classic "all hat, no cattle."

He just says a lot of stuff, and says it loudly and confidently. Incredibly, people still buy it.
 
There won’t even be a government report for September because they are furloughed. Probably good news for Trump that they are. Not that we can believe anything coming from his toadies, anyway.
 
Back
Top