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ADP Says Jobs Growth In January Slowest In 2 Years, Blames Weather

After rebounding in December, ADP’s employment report was expected to show slowing in January but the actual print was a major disappoint with only 106k jobs added (compared to 180k expected and an upwardly revised 253k in December). Source: Bloomberg That is the weakest job growth since January 2021, and biggest miss since August… Source: […] Source
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