Sina US Stock Exchange, December 4 — The APD report shows that the number of jobs added by companies in November was the lowest in six months, further highlighting the trend of slowing recruitment in the face of declining corporate investment, while also predicting that the US economy will slow down in the fourth quarter.

According to data released by the ADP Research Institute on Wednesday, after the new jobs added in October were revised downward to 121,000, 67,000 new jobs were added in November, the second lowest level since 2010, and lower than the economists' median estimate of 135,000.

As domestic and global economies gradually slow down and trade uncertainty increases, economists and market participants are closely watching for any signs of a sharp decline in recruitment activity. The ADP report suggests that wage growth may be much slower than originally thought.

The employment report to be released by the Ministry of Labor on Friday is expected to show an increase of 178000 in private sector employment in November, but this mainly reflectsGMThe return of workers on strike is expected to boost employment numbers, a factor that did not affect ADP data. As wages continue to rise steadily, the unemployment rate is likely to remain at 3.6%, close to a half-century low.

The ADP report shows that jobs in the money production sector have declined by 18,000, and the declining trend covers all three subcategories of natural resources, construction, and manufacturing. Employment of service providers increased by 85,000, mainly in the education and health services sector, while employment in trade, transportation, utilities, and information industries declined.

“The job market is losing its luster,” Moody's chief economist Mark Zandi said in a statement. “Manufacturers, commodity producers, and retailers are laying off employees. Job vacancies are falling, and if job growth slows, the unemployment situation is likely to increase.”