adp
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ADP Just Printed a Split Labor Market: Small Firms Cut, Mid/Large Firms Hire
The latest ADP data shows a bifurcated labor market: small employers are shedding jobs while mid-sized and large firms add. ADP’s NER Pulse also signals a late-November rebound after several weeks of losses.
Published Dec 17, 2025
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Record Holidays, Fragile Foundation: Black Friday 2025 vs the ADP Labor Shock
Black Friday and Cyber Week 2025 set new spending records, but the November ADP report showing a surprise 32,000-job loss reveals a fragile labor market underneath. Pattern Nexus connects the consumer sugar high to the small-business labor squeeze.
Published Dec 3, 2025
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ADP Weakness, Dollar Break: Labour → Liquidity → Repricing (Nov 11, 2025)
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Published Nov 11, 2025