Private payroll losses accelerated in the past four weeks, ADP reports
The U.S. labor market is showing further signs of weakening as the pace of layoffs has picked up over the past four weeks, payrolls processing firm ADP reported Tuesday.
Private companies lost an average of 13,500 jobs a week over the past four weeks, ADP said as part of a running update it has been providing. That’s an acceleration from the 2,500 jobs a week lost in the last update a week ago.
With the government shutdown still impacting data releases, alternative information like ADP’s has been filling in the blanks on the economic picture.
Government agencies such as the Bureaus of Labor Statistics and Economic Analysis have released revised schedules, but critical reports such as the monthly nonfarm payrolls count won’t come out until December.
Consumer confidence hits lowest point since April as job worries grow
Consumers soured on the current economy and their prospects for the future, with worries growing over the ability to find a job, according to a Conference Board survey released Tuesday.
The board’s Consumer Confidence Index for November slumped to 88.7, a drop of 6.8 points from the prior month for its lowest reading since April. Economists surveyed by Dow Jones were looking for a reading of 93.2.
In addition, the expectations index tumbled 8.6 points to 63.2, while the present situation index slipped to 126.9, a decline of 4.3 points.
“Consumers were notably more pessimistic about business conditions six months from now,” said Dana Peterson, the board’s chief economist. “Mid-2026 expectations for labor market conditions remained decidedly negative, and expectations for increased household incomes shrunk dramatically, after six months of strongly positive readings.”
https://www.cnbc.com/2025/11/25/consumer-confidence-lowest-point-since-april.html
America’s most beloved Thanksgiving meal costs more than ever. Here’s why
With everyday essentials pushing up the price of the weekly food shop, it’s no wonder the festive feast may set families back $107
Millions of Americans will spend their Thanksgiving hunched over a stove, juggling dishes in and out of the oven, anxiously checking a recipe propped on the counter. How long do I cook the turkey? Why is my pie soggy? Why isn’t my gravy thickening?
Many will look to Julia Child, the celebrity chef who spoke of spending her holiday besieged by phone calls from strangers seeking answers to their culinary crises.
For this “utterly American feast”, she said, she was happy to coach every disastrous amateur on the other end of the line. Child politely declined her guests’ entreaties to take the phone off the hook or remove her number from the phone book.
https://www.thetimes.com/us/news-today/article/julia-child-thanksgiving-recipe-9nnxq676k