Tag:

Job Loss

Private Hiring Plummets As Government Shutdown Begins, Labor Market Weakens: ADP Private Hiring Plummets As Government Shutdown Begins, Labor Market Weakens: ADP
Private Hiring Plummets As Government Shutdown Begins, Labor Market Weakens: ADP September's private-sector hiring showed its sharpest decline in more than two years, according to closely watched data. Private employers cut 32,000 jobs in September, according to the ADP National Employment Report released on Wednesday, Oct. 1. The report came just hours after the start of the first federal government shutdown since 2019, which has halted the release of official labor statistics. Without the Bureau of Labor Statistics' monthly jobs report and weekly unemployment claims, the ADP's data is the only nationwide snapshot of employment a…
Hamburger Helper Sales Surge As Economy Strains Budgets: Report Hamburger Helper Sales Surge As Economy Strains Budgets: Report
Hamburger Helper Sales Surge As Economy Strains Budgets: Report With grocery costs rising and beef at record prices, more families are turning to Hamburger Helper to stretch a pound of meat into a full meal, according to a report. Hamburger Helper sales have climbed 14.5% in 2025 through August, The New York Times reported. Eagle Foods purchased the pasta mix brand from General Mills in 2022. The boxed food's resurgence comes amid stubborn inflation, higher costs from President Donald Trump's tariffs, and a weakening labor market. "Cost-of-living expenses are up," said Sally Lyons Wyatt, a packaged food adviser for research firm Cir…
Private Sector Loses Jobs For First Time Since 2023 Amid Trump Tariffs, Inflation: ADP Private Sector Loses Jobs For First Time Since 2023 Amid Trump Tariffs, Inflation: ADP
Private Sector Loses Jobs For First Time Since 2023 Amid Trump Tariffs, Inflation: ADP Private employers lost more jobs than they added for the first time in more than two years, as new data shows Americans pulling back on spending under the weight of inflation and President Donald Trump's sweeping tariffs. Businesses lost 33,000 jobs in June, according to the ADP National Employment Report released on Wednesday, July 2. That was the first monthly drop since March 2023 and behind May's downwardly revised figure of 29,000. June's numbers came in far below Wall Street's expectations, with Dow Jones economists forecasting a gain of 100,000 jobs, CNBC reported. "Though…