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Posts Tagged: “ADP“

Peter Schiff: Shutdown Hides Jobs Losses
On Friday’s episode of The Peter Schiff Show, Peter dissects a strange Friday in which the headline non-farm payrolls report never arrived because of the government shutdown. He links the missing data to an alarming private-payroll print, explains why the stock market is celebrating weakness for the wrong reasons, and reminds listeners that gold — […]

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Payrolls Shrink, Gold Brushes $3,900 Amid Labor Squeeze
U.S. private employers unexpectedly cut 32,000 jobs in September, according to the latest ADP National Employment Report released Tuesday, marking the first aggregate decline since early 2024. Goods makers shed 3,000 positions and service industries bled another 28,000, with layoffs concentrated in leisure and hospitality (-19,000) and professional and business services (-13,000). The dismal headline […]
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