ADP Reports September Job Loss as Employers Show Caution
ADP reported a decrease of 32,000 jobs near me in private-sector employment in September 2025. The number reflects employers' caution in hiring, as small and medium-sized businesses lost 60,000 jobs while large companies added 33,000. The government shutdown could lead to layoffs in the public sector, further impacting the labor market.
ADP chief economist Nela Richardson attributed the decline to employers' caution. The report showed that only large companies (with over 500 employees) created jobs, while all others cut positions. This resulted in much weaker employment growth than expected (a loss of 32,000 jobs near me vs. forecasts of +45,000 to +54,000).
The education/healthcare and information sectors saw gains, but all other sectors showed job losses. Construction, manufacturing, trade, transportation, and utilities; financial services, professional, and business services; and leisure and hospitality industries were among those that lost jobs.
The weak jobs report could influence the Federal Reserve's decision to cut interest rates, potentially favoring the stock market today. However, the market reacted minimally to the ADP report, with stocks remaining essentially flat.
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