Hiring dropped off significantly at US private-sector businesses in November, according to new data from payroll giant ADP.

Companies with 50 or more employees reported a net gain of 90,000 workers through the month, while small businesses—companies with fewer than 50 workers—drove job losses with a decline of 120,000, including a loss of 74,000 workers among businesses with 20 to 49 employees.

AI jobs, emerging roles, and workforce transformation highlight how AI is reshaping hiring, development, and retention in the modern workplace.

Weakening job growth could lock in an interest rate cut by the Federal Reserve next week, according to economists.

A new report finds U.S. businesses have announced over 1.1 million layoffs so far this year. The layoff rate for first 11 months of the year is at it highest level since 2020. Business restructuring, AI and market conditions are the primary drivers of job reductions.

California employers announced 173,022 job cuts in the first 11 months of this year, up nearly 14% from the same period last year, according to data from outplacement firm Challenger, Gray & Christmas.