US private sector sheds jobs in September, missing expectations: ADP | International

WASHINGTON, Oct 1, 2025 (BSS/AFP) - The US private sector lost jobs in September, data from payroll firm ADP showed Wednesday, despite analysts' expectations of employment growth. Private sector employment shed 32,000 jobs last month, with the biggest losses seen in sectors like leisure and hospitality and professional services, as well as in financial activities. Hiring in trade, transportation and utilities, as well as manufacturing, also contracted, data showed. "Despite the strong economic growth we saw in the second quarter, this month's release further validates what we've been seeing in the labor market, that US employers have been cautious with hiring," said ADP chief economist Nela Richardson in a statement. Salaries were up 4.5 percent year-on-year, and ADP said this...