Buried in a modest gain of 41,000 jobs in the December ADP Report is a sobering new trend in white collar employment.
Professional and Business Services Details
- April: +1,000
May: -13,000
June: -57,000
July: +9,000
August: -1,000
September: -6,000
October: -22,000
November: -18,000
December: -29,000
Month-Over-Month Change in White Collar Jobs
Net jobs from professional and business services plus information was negative for 8 of the last 9 months.
Month-Over-Month Change in White Collar Jobs Detail
April: +15,000
May: +8,000
June: -63,000
July: +46,000
August: -14,000
September: -6,000
October: -30,000
November: -48,000
December: -45,000
Month-Over-Month Change in Professional and Business Services + Information
- April: -9,000
May: -9,000
June: -51,000
July: +18,000
August: -14,000
September: -5,000
October: -40,000
November: -39,000
December: -41,000
Month-Over-Month Change in Jobs by Category Detail
Month-Over-Month Change in Manufacturing Jobs
- April: +3,000
May: -6,000
June: +18,000
July: +7,000
August: -18,000
September: +2,000
October: -4,000
November: -18,000
December: -5,000
Job Synopsis
Manufacturing is in a big slump, small business employment is dismal, and now white collar jobs are weakening dramatically.
The white collar weakness is related to AI.
Small business weakness and manufacturing weakness are related to tariffs and a generally weakening economy.
But hey, Trump says this is the greatest economy in history.
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January 5, 2026: ISM Manufacturing Contracts for the 36th Time in 38 Months
Lowest reading in 2025. Respondents blame tariffs.
January 7, 2026: ADP Payrolls Gain 41,000 in Year-End Medium-Size Business Employment
After a horrific November, small businesses ended the year on a positive note.
This post originated on MishTalk.Com
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