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ADP's Richardson Sees Recovery in Jobs Market
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ADP's chief economist Nela Richardson notes a 'tepid' recovery in the US jobs market, citing hiring in transportation, utility, and healthcare sectors, despite 153,704 job cuts announced by companies last month.
Market Impact
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Sentiment
Neutral
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70%
Article Context
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Nela Richardson, ADP chief economist and ESG officer and Bloomberg Contributor, says there has been a "tepid" recovery in the US jobs market. Challenger, Gray & Christmas Inc. says companies announced 153,704 job cuts last month. Richardson says transportation, utility and health care companies are hiring. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Original article published by
Bloomberg
on November 6, 2025.
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