According to ADP's weekly employment report, in the four weeks up to November 22, an average of 4,750 new jobs were added per week by private employers in the US. Preliminary data shows signs that the labor market has stabilized after four consecutive weeks of negative growth. However, this overall data masks structural differentiation — small businesses, the traditional “engine” of American job growth, continue to send negative signals.

According to ADP's weekly employment report, in the four weeks up to November 22, an average of 4,750 new jobs were added per week by private employers in the US. Preliminary data shows signs that the labor market has stabilized after four consecutive weeks of negative growth. However, this overall data masks structural differentiation — small businesses, the traditional “engine” of American job growth, continue to send negative signals.