Private Hiring Slows Sharply In January, ADP Reports

The U.S. private-sector hiring slowed sharply in January, signaling a weak start to 2026, according to new data from ADP. Private employers added just 22,000 jobs for the month, well below expectations and lower than December’s revised gain of 37,000.

Without a surge of 74,000 hires in education and health services, overall job growth would have been negative. Economists surveyed by Dow Jones had expected 45,000 new jobs.

Private payrolls rose by just 22,000 in January, far short of expectations, ADP says https://t.co/raTDaAktJW

— CNBC International (@CNBCi) February 4, 2026

Several sectors posted losses. Professional and business services shed 57,000 jobs, while manufacturing and other services also declined. Most gains came from mid-sized firms, while large employers cut jobs.

Wage growth held steady, with job stayers seeing pay increase 4.5 percent from a year earlier. The report reinforces concerns at the Federal Reserve about a cooling labor market.

The data precedes the delayed government jobs report from the Bureau of Labor Statistics, postponed due to partial shutdown.

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