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Payroll management company Always Designing for People (ADP) said in a recent report that there were 42,000 jobs added in October for the private sector.
“Last month delivered a rebound from two months of weak hiring, but the bounce wasn’t broad-based. Education and health care, and trade, transportation, and utilities led the growth,” the ADP National Employment Report said.
“For the third straight month, employers shed jobs in professional business services, information, and leisure and hospitality.”
Polling in recent weeks has found President Trump at his lowest approval rating on the economy amid shaky job numbers, a lack of certainty surrounding his tariff agenda and a government shutdown that continues to drag on.
Close to 70 percent of respondents in a recent Fannie Mae survey felt that the American economy was not headed the right way. Sixty-seven percent of respondents believed the economy was going the wrong way in Fannie Mae’s National Housing Survey, with 32 percent thinking it was headed in the right direction.
Automakers and other companies in the vehicle space in the last few weeks have withdrawn their investments in electric vehicles (EVs), including laying off employees throughout the U.S.
The action follows Republicans’ One Big Beautiful Bill Act, which got rid of incentives for consumers purchasing EVs.
