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The Latest Breaking News from ADP

Jobs, PMI and Other Key Things to Watch this Week

This upcoming week has plenty of things to look forward to though as we enter the busy part of the monthly News cycle. More inflation data is due, as well as many of the March monthly numbers such as Non-farm payrolls and JOLTS, and ADP.

Barchart

DWP health conditions most likely to lead to £172 PIP payment

From April 10, a successful claim for PIP or ADP is worth between £26.90 and £172.75 each week in additional financial support

Nottingham Post

New update on devolved disability payment processing times for people waiting on decision

Some 60% of nearly 20,000 new applications were approved for an award of up to £627 a month by January 2023.

Daily Record

From analysis to the latest developments in health,
read the most diverse news in one place.

People making new claim for PIP could have award decision before end of June as processing times improve

New claims for PIP could be worth up to £691 each month from April once the annual benefits uprating is applied.

Daily Record

US hiring boom continued in February with 311,000 added jobs

Number is lower than January’s 504,000 jobs but comes as Fed signals aggressive interest rate hikes in bid to tame inflation

The Guardian - US

Dow Jones Reverses Lower After Jobs Data, As Powell Speaks; Tesla Sells Off On Steering Wheel Investigation

The Dow Jones fell Wednesday on jobs data and ahead of comments from Fed Chair Powell. Tesla dropped on a detached steering wheel probe.

Investors Business Daily

People can apply for new disability payment before getting a confirmed medical diagnosis

Someone with a physical or mental health condition waiting for a diagnosis can apply for a benefit worth up to £627 a month.

Daily Record

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DWP will pay you up to £627 a month if you have one of 70 conditions - and millions may qualify

Are you one of the nearly three million people in the UK who qualify?

Wales Online

Scottish mum with Multiple Sclerosis slams 'barbaric and discriminatory' benefits rules

The Scottish Government are proposing a new rule which disqualifies anyone who can walk further than 20m from the higher rate of mobility benefits but people living with MS have slammed the rule.

Edinburgh Live

Scots mum with Multiple Sclerosis blasts 'barbaric and discriminatory' ScotGov benefits rules

Amy Newton is backing the MS Society Scotland’s call for the scrapping of the 20-metre rule.

Daily Record

US adds 517,000 jobs in January in huge gain for labor market

Total is far higher than what economists expected even as Federal Reserve continues to raise interest rates to bring down inflation

The Guardian - US

Dow Jones Slides On Strong January Jobs Report; Apple Reverses Higher; Alphabet, Amazon Drop On Earnings

The Dow Jones dropped 175 points Friday on a strong January jobs report. Apple stock reversed higher on earnings results.

Investors Business Daily

Dow Jones Falls 225 Points Ahead Of Fed Rate Hike Decision, Powell Comments; Tesla Boosts China Production

The Dow Jones fell 225 points ahead of today's Federal Reserve's rate hike decision. Tesla stock fell despite higher China output.

Investors Business Daily

Small and medium companies are still battling for talent amid cooling job market

ADP’s most recent employment report paints the picture of a fragmented labor market.

Fortune

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The Independent UK

Asian shares mostly rise in muted trading on bargain-hunting

Asian shares are mostly higher after Wall Street benchmarks fell on worries that the U.S. Federal Reserve will keep raising interest rates

Investors Business Daily

Dow Jones Dives 400 Points On Strong Jobs Data; Silvergate Crashes 46% On $8.1 Billion In Withdrawals

The Dow Jones Industrial Average dropped 400 points Thursday on strong jobs data. Silvergate Capital crashed 46% after $8.1 billion in withdrawal.

Edinburgh Live

Abandoned Edinburgh workshops set to be demolished for waterside student flats

Plans have been proposed for the development opposite the Union Canal at Lower Gilmore Place, with ADP Architecture overseeing the potential for 80 apartments to be built in the Fountainbridge area

The Guardian - US

US adds 263,000 jobs in November as unemployment rate stays at 3.7%

Jobs market remains strong even as Fed imposes biggest series of rate rises in decades in effort to tame inflation

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news in one place.

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The Guardian - US

US adds 261,000 jobs in October as unemployment rate rises slightly

Final jobs report before midterms shows jobless rate at 3.7%, a day after Federal Reserve announced further interest rate hike

Benzinga

Wall Street Braces For Another 0.75% Interest Rate Hike Wednesday After Private Payrolls Growth Comes In Hot

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.5% on Wednesday morning morning ahead of a critical Federal Open Market Committee interest rat

Tribune News Service

US firms add 239,000 jobs, boosted by leisure sector, ADP says

Hiring at U.S. companies rose in October by more than forecast, mainly reflecting a surge in leisure and hospitality and underscoring resilient labor demand despite the Federal Reserve’s efforts to cool the economy.

The Guardian - US

Ignore US government economic figures – base your decisions on actual data

The US reported the GDP bounced back – but at best it’s preliminary data that’s revised multiple times. Info from the top two payroll services are a better bet

WEKU

Stocks sink despite Friday's report that hiring cooled in September

A new jobs report showed a modest slowdown in hiring last month that was not enough to soothe Wall Street's worries about inflation and the Fed. The unemployment rate edged down to 3.5%

The Independent UK

More Americans apply for jobless benefits last week

More Americans filed for unemployment benefits last week, but the labor market remains strong even in the face of persistent inflation and a slowing overall U.S. economy

Investors Business Daily

Dow Jones Sells Off After Jobs Data, Key Economic Data; OPEC Meeting On Tap

The Dow Jones Industrial Average sold off 300 points Wednesday after a stronger-than-expected ADP employment report.

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