<ul><li>The labor market in the U.S. downshifted to a more modest pace of growth in December 2024.</li><li>In the healthcare sector, more jobs were created than in any other sector in the second half of the year.</li><li>The private sector added 122,000 jobs in December, with annual pay up 4.6% year over year.</li><li>Wage growth for people staying with their jobs was the slowest since July 2021, while job openings increased but were 9.3% lower than November 2023.</li></ul>

ADP: Wage Growth Hits Three-Year Low as Labor Market ‘Downshifts’

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