ADP Report: Employment growth stagnated in the second half of 2025, and employment growth showed a downward trend. The recruitment situation in the manufacturing, professional and business services, information and construction industries was particularly weak in November. Compared with the same period last year, the wages of employed workers increased by 4.4%, down from 4.5% in October. For those who changed jobs, wages rose 6.3%, down from 6.7% the previous month.

ADP Report: Employment growth stagnated in the second half of 2025, and employment growth showed a downward trend. The recruitment situation in the manufacturing, professional and business services, information and construction industries was particularly weak in November. Compared with the same period last year, the wages of employed workers increased by 4.4%, down from 4.5% in October. For those who changed jobs, wages rose 6.3%, down from 6.7% the previous month.