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For the Class of 2025, a bachelor’s degree no longer guarantees a smooth career start. Rising competition, AI-driven automation, and structural inequities mean many graduates face underemployment, wage gaps, and longer job searches. Practical experience, targeted skills, and lifelong learning are now essential to navigate today’s challenging labor market.
Wage growth is cooling, but not evenly. November’s ADP Pay Insights reveals a sharply divided labour market where big firms and high-skill sectors continue to pull ahead while small employers fall further behind. If you want to understand where compensation pressure is actually coming from—and where it’s headed—this report breaks it down.
ADP's -32k payroll drop flags small-firm fragility and cyclical softening, but defensive sectors buffer broader stability.
The October 2025 JOLTS report shows modest cooling in the U.S. labor market, with job openings at 7.7 million, hires at 5.1 million, quits at 2.9 million, and layoffs at 1.9 million. Month-to-month changes from September to October remain mostly within normal bounds, consistent with the BLS’s description of the figures as “little changed,” indicating gradual softening rather than a sharp downturn, while persistent openings highlight resilient underlying labor demand.