US private payrolls unexpectedly declined in November, ADP says

In November, U.S. companies experienced a significant decline in payrolls, shedding 32,000 jobs according to ADP data, marking the largest drop since early 2023. This unexpected downturn contrasts sharply with economists' predictions of a 10,000 job increase, raising concerns about the labor market's stability.

US private payrolls experienced a decline in November, with small businesses shedding jobs, reflecting ongoing challenges in the labor market. This downturn follows a trend of decreasing payrolls, as reported by ADP Research, which indicated an average loss of 13,500 jobs per week in the four weeks leading to November 4.

Scott Bessent stated that China is on track to fulfill its commitments regarding US soybean purchases, indicating a positive momentum in agricultural trade relations between the two nations. This follows a series of significant transactions, including China's largest soybean buy from the US in two years, which has buoyed prices and encouraged sales from struggling farmers.

Recent polling by Reuters indicates a shift in the outlook for the U.S. dollar, suggesting that the previously entrenched weak dollar sentiment may be weakening. This change comes as market conditions evolve and investor sentiment fluctuates, raising questions about the future trajectory of the currency.

A recent Swiss poll has revealed strong opposition among voters to a proposed trade deal with the United States, indicating significant public discontent regarding international trade agreements. This sentiment reflects broader concerns about the implications of such deals on local economies and industries.

U.S. stocks opened lower on December 2, 2025, following a disappointing report from ADP indicating a loss of 32,000 jobs in November and concerns stemming from Microsoft's recent AI report. This negative sentiment reflects broader anxieties in the market regarding employment and technology sector performance.

Gold and silver prices increased following the ADP private payrolls report, which indicated a loss of 32,000 jobs in November, highlighting a concerning trend in the U.S. labor market. This report has contributed to a positive sentiment in precious metals as investors seek safe-haven assets amid economic uncertainty.

US import prices remained unexpectedly flat in September, indicating a pause in inflationary pressures on imported goods. This stability comes amidst fluctuating market conditions and evolving economic indicators.