America’s employment picture ended the year on a down note, ADP’s latest findings show. “The labor market downshifted to a more modest pace of growth in the final month of 2024, with a slowdown in both hiring and pay gains,” Nela Richardson, chief economist, ADP,...
PYMNTS Intelligence, through the last several months, has taken stock of where consumers are spending, and how they contend with inflation. Among their strategies has been a willingness to trade down, to buy cheaper goods that may be a bit of a tradeoff in quality, but...
Earlier this year, PYMNTS Intelligence found that only a minority of workers surveyed — at 20% — said that it was “very or extremely” likely that they’d switch jobs in the next year. At the same time, we noted that 83% of consumers eyed 2024...
The labor market continued to cool in August, with job creation among private employers slowing for the fifth consecutive month and wage growth remaining flat. So said human resources (HR) and payroll solution provider ADP in the August ADP National Employment Report released Thursday (Sept....
December 03, 2024
Earlier this year, PYMNTS Intelligence found that only a minority of workers surveyed — at 20% — said that it was “very or extremely” likely that they’d switch jobs in the next year. At the same time, we noted that 83% of consumers eyed 2024 with concerns about the economy. Only 38% of consumers said […]
February 03, 2024
It seems United States consumers expect little reprieve from inflation-fueled rising prices of goods and services moving into 2024. Although consumers report feeling somewhat better about their current finances, data...
August 25, 2017
There isn’t much that can be said about the “average” American credit user in 2017 because, as it turns out, there really isn’t one. According to market research provider Gallup’s...
January 08, 2025
America’s employment picture ended the year on a down note, ADP’s latest findings show. “The labor market downshifted to a more modest pace of growth in the final month of 2024, with a slowdown in both hiring and pay gains,” Nela Richardson, chief economist, ADP, said in an announcement accompanying the group’s monthly employment report […]
September 05, 2024
The labor market continued to cool in August, with job creation among private employers slowing for the fifth consecutive month and wage growth remaining flat. So said human resources (HR)...
June 13, 2024
America’s job market is starting to resemble its pre-pandemic self, says Treasury Secretary Janet Yellen. Speaking to CNBC Thursday (June 13), Yellen also noted that cooling wage growth does not threaten to...
June 05, 2024
Job creation in the U.S. is demonstrating signs of slowing as wages remain flat. That’s according to the monthly report on private sector employment released Wednesday (June 5) by ADP....
