ADP: U.S. private payrolls rose 41,000 in December, missing expectations

ADP’s National Employment Report showed U.S. private employers added 41,000 jobs in December, reversing a revised 29,000 loss in November but below economists’ forecast of roughly 47,000. Service industries led gains, while professional and business services and manufacturing shed jobs. The modest rebound suggests the labor market remains slow heading into 2026, with the official government jobs report due later this week and Fed policymakers watching for signs of stability.