ADP Employment Report (January 2024)

Private sector job growth was slower than expected to start the year, as employers added just 107K new jobs in January. December’s figure was also revised lower. While annual pay growth continued to decelerate, ADP noted that “wages adjusted for inflation have improved over the past six months, and the economy looks like it's headed toward a soft landing in the U.S. and globally.” #adp #job #mbssocialshare #mbshighway #mortgagemarketnews #mortgageintheknow