{"id":105437,"date":"2025-10-28T15:50:06","date_gmt":"2025-10-28T15:50:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/105437\/"},"modified":"2025-10-28T15:50:06","modified_gmt":"2025-10-28T15:50:06","slug":"fed-rate-cut-decision-looms-as-adp-data-shows-slow-job-growth","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/105437\/","title":{"rendered":"Fed rate cut decision looms as ADP data shows slow job growth"},"content":{"rendered":"<p>\u201cHiring has begun to increase from September levels, albeit slowly and without the positive momentum we saw earlier in the year. This tepid recovery could support economic growth, however, because our run of week-over-week job losses seems to have been relatively short-lived.&#8221;<\/p>\n<p>ADP steps in as official data stalls<\/p>\n<p>The new weekly release, which ADP said will be published every Tuesday, comes as the US government shutdown continues to disrupt the release of official labor data.<\/p>\n<p>With the Bureau of Labor Statistics sidelined, <a href=\"https:\/\/mediacenter.adp.com\/2025-10-28-ADP-Announces-National-Employment-Report-Preliminary-Estimate-Publicly-Available-on-a-Weekly-Cadence\" rel=\"nofollow noopener\" target=\"_blank\">ADP\u2019s data has become a critical resource<\/a> for market watchers and policymakers seeking real-time insight into employment trends.<\/p>\n<p>The shift to weekly reporting marks a significant change for ADP, which has published monthly payroll data since 2010. The company\u2019s new cadence is designed to provide a \u201cdynamic view of job creation and loss at an unprecedented level of weekly detail,\u201d Richardson said.<\/p>\n<p>The preliminary numbers, which will be revised with the monthly National Employment Report, suggest a modest rebound from the <a href=\"https:\/\/www.mpamag.com\/us\/mortgage-industry\/market-updates\/private-sector-job-losses-soar-raising-chance-of-more-fed-cuts\/551609\" rel=\"nofollow noopener\" target=\"_blank\">32,000 private-sector jobs lost<\/a> in September.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cHiring has begun to increase from September levels, albeit slowly and without the positive momentum we saw earlier&hellip;\n","protected":false},"author":2,"featured_media":105438,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[76296,138,219,22336,47462,111,139,69],"class_list":["post-105437","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-adp-jobs-report","tag-business","tag-economy","tag-fed-rate-cut","tag-government-shutdown","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/105437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=105437"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/105437\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/105438"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=105437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=105437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=105437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}