Private Sector Employment Declined by 301K Jobs in January
Roseland, NJ, February 2, 2022-Private sector employment decreased by 301,000 jobs from December to January, according to the January ADP National Employment Report.
Small businesses lost 144,000 jobs; medium businesses lost 59,000 jobs; and large businesses lost 98,000 jobs.
The goods-producing sector lost 27,000 positions, while the service-providing sector lost 274,000.
Franchise employment rose by 1,600.